On Monotonic Convergence To Stability
AbstractThe paper introduces a class of distances to stable equivalent, which monotonically decrease to zero as a population moves to stability. Kullback distance expected earlier to be a unique measure of such types turns to be a specimen of this class. It is shown that the very feature of monotonic distance is in weighing with demographic potentials of age specific deviations from stable equivalent. The paper also introduces a class of monotonic measures for convergence of different populations with common reproductive futures. Results obtained shed new light on the process of stabilization and can be used to develop different measures of age structure dynamics.
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Bibliographic InfoArticle provided by Max Planck Institute for Demographic Research, Rostock, Germany in its journal Demographic Research.
Volume (Year): 8 (2003)
Issue (Month): 2 (January)
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Web page: http://www.demogr.mpg.de/
age structure dynamics; demographic potentials; distance to stability; monotonic convergence of populations; stable population theory;
Find related papers by JEL classification:
- J1 - Labor and Demographic Economics - - Demographic Economics
- Z0 - Other Special Topics - - General
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- A. Meltzer & Peter Ordeshook & Thomas Romer, 1983. "Introduction," Public Choice, Springer, vol. 41(1), pages 1-5, January.
- Robert Schoen & Young Kim, 1991. "Movement toward stability as a fundamental principle of population dynamics," Demography, Springer, vol. 28(3), pages 455-466, August.
- W. Arthur, 1982. "The Ergodic Theorems of Demography: a Simple Proof," Demography, Springer, vol. 19(4), pages 439-445, November.
- A. P. Thirlwall, 1983. "Introduction," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 5(3), pages 341-344, April.
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