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This paper develops a unified model of growth, population, and technological progress that is consistent with long-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is positively related to the level of income per capita....
Persistent link: https://www.econbiz.de/10012472002
This paper examines a novel mechanism linking fertility and growth. Household fertility is determined by relative wages … of women and men. Increasing women's wages reduces fertility by raising the cost of children relatively more than … household income. Lower fertility raises the level of capital per worker which in turn, since capital is more complementary to …
Persistent link: https://www.econbiz.de/10012474393
the rise in the demand for human capital in the process of development was the main trigger for the decline in fertility …
Persistent link: https://www.econbiz.de/10012461601
This paper examines the central hypothesis of the influential Malthusian theory, according to which improvements in the technological environment during the pre-industrial era had generated only temporary gains in income per capita, eventually leading to a larger, but not significantly richer,...
Persistent link: https://www.econbiz.de/10012461621
This research explores the biocultural origins of human capital formation. It presents the first evidence that moderate fecundity and thus predisposition towards investment in child quality was conducive for long-run reproductive success within the human species. Using an extensive genealogical...
Persistent link: https://www.econbiz.de/10012458194
We provide evidence that lower fertility can simultaneously increase income per capita and lower carbon emissions …, eliminating a trade-off central to most policies aimed at slowing global climate change. We estimate the effect of lower fertility … on carbon emissions accounting for the fact that changes in fertility patterns affect carbon emissions through three …
Persistent link: https://www.econbiz.de/10012455795