Showing 1 - 10 of 932,751
We develop a new theoretical link between inequality and growth. In our model, fertility and education decisions are … distribution increases the fertility differential between the rich and the poor, which implies that more weight gets placed on …. We find that this fertility-differential effect accounts for most of the empirical relationship between inequality and …
Persistent link: https://www.econbiz.de/10014075402
This paper develops a dynamic general equilibrium model of fertility, human capital accumulation, child labor and … survival probability leads to falling fertility, eventually to investment into schooling and the demise of child labor. Child … generate a demographic transition. Falling mortality can only explain a relatively small part of the fertility decline. A …
Persistent link: https://www.econbiz.de/10013070900
and innovation) and therefore, long- run economic growth of an economy by working through the influence of fertility rates … simultaneous decline in fertility rate reduces total factor productivity growth by contracting the stock of human capital. The … fertility. Therefore, the economy grows at the rate of population growth at the macro level under the two regimes. Also, it is …
Persistent link: https://www.econbiz.de/10015375997
Fertility rates have declined dramatically across almost all highincome countries over the past decades. This has … incorporate an endogenous quantity/quality trade-off between fertility and human capital accumulation. This allows us to assess …
Persistent link: https://www.econbiz.de/10015357221
the quantity-quality tradeoff to later work linking the economics of fertility to the theory of economic growth. …This paper reviews Gary Becker's contributions to the economic analysis of fertility, from his 1960 paper introducing …
Persistent link: https://www.econbiz.de/10010434627
performed in a two-country growth model with endogenous fertility. I show that providing additional free educational services …
Persistent link: https://www.econbiz.de/10015330406
This paper provides a unified theory of the economic and demographic transition. Individuals make optimal decisions … about fertility, education of their children and the type and intensity of the investments in their own education. These … formation, little longevity, high child mortality, large fertility and a sluggish income and productivity growth to a modern …
Persistent link: https://www.econbiz.de/10013316935
, male health improvements delay the transition and the take-off because ceteris paribus they raise fertility. According to …
Persistent link: https://www.econbiz.de/10011309090
, male health improvements delay the transition and the take-off because ceteris paribus they raise fertility. According to …
Persistent link: https://www.econbiz.de/10011294100
growth. By contrast, male health improvements delay the transition and take-off because ceteris paribus they raise fertility …
Persistent link: https://www.econbiz.de/10011533051