Raouf, BOUCEKKINE; Rodolphe, DESBORDES; Hélène, LATZER - Institut de Recherche Économique et Sociale (IRES), … - 2008
This paper develops a theory of optimal fertility behavior under mortality schocks. In a 3-periods OLG model, young adults determine their optimal fertility, labor supply and life-cycle consumption with both exogenous child and adult mortality risks. For fixed prices (real wages and interest...