On 1 January 2014, the population of France was 66 million (of which 63.9 million in metropolitan France), an increase of 0.42% with respect to the previous year. In 2012, 180,000 residence permits were issued to immigrants from countries outside the European Economic Area, a majority of these...

In this paper, we develop a continuous time overlapping generations model to analyze the relationship between demographic growth rate and the interest rate. We show there exists a finite demographic growth rate that minimizes the interest rate. This implies that the relation between the two...

This paper shows that a neoclassical model with standard assumptions but endowed with an explicit age structure of the population, converges to its balanced growth path with damped oscillations. It therefore reproduces a trend-reverting process with short run fluctuations that is displayed by...

This paper shows that differences in fertility across European countries mainly emerge in the transition from the first to the second child and that childcare services enabling women to work are an important determinant for this transition to occur. The theoretical framework proposed accounts...