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We build an overlapping-generations model that incorporates endogenous fertility choices, in addition to public and private expenditures on health. Following the seminal analysis of Bhattacharya and Qiao (J Econ Dyn Control 31:2519–2535, <CitationRef CitationID="CR2">2007</CitationRef>) we assume that the effect of public health...</citationref>
Persistent link: https://www.econbiz.de/10010993463
Economic and demographic outcomes are determined jointly in a choice-theoretic model of fertility, mortality and capital accumulation. There is an endogenous population of reproductive agents who belong to dynastic families of overlapping generations connected through altruism. In addition to...
Persistent link: https://www.econbiz.de/10005395965