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We investigate the empirical relationship between child mortality and fertility across 46 low and middle income countries. Specifically, we model the effect of mortality expectations and interdependent fertility preferences on fertility. The direct marginal effect of mortality expectations on...
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We add health and longevity to a standard model of life-cycle saving and show that, under plausible assumptions, increases in life expectancy lead to higher savings rates at every age, even when retirement is endogenous. In a stationary population these higher savings rates are offset by...
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