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Fertility, Time Use, and Economic Development

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Author Info
Karine S. Moe (Economics Department, Macalester College)

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Abstract

This research develops a model that incorporates both parental altruism toward children and the allocation of time among human capital investment and production in market and nonmarket sector. By introducing these two production sectors, the model captures the interaction among fertility, human capital investment, and time use as economies grow. The model is calibrated to the World Bank's 1985 Living Standard Survey for Peru. Simulations indicate that the model explains the transition from a low-human-capital and high-fertility economy to an economy characterized by high human capital and low fertility. (Copyright: Elsevier)

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File URL: http://dx.doi.org/10.1006/redy.1998.0022
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File Function: Full text
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Publisher Info
Article provided by Elsevier for the Society for Economic Dynamics in its journal Review of Economic Dynamics.

Volume (Year): 1 (1998)
Issue (Month): 3 (July)
Pages: 699-718
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Handle: RePEc:red:issued:v:1:y:1998:i:3:p:699-718

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Find related papers by JEL classification:
O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

References listed on IDEAS
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  1. Gary S. Becker & Robert J. Barro, 1988. "A Reformulation of the Economic Theory of Fertility," NBER Working Papers 1793, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. Taylor, John B & Uhlig, Harald, 1990. "Solving Nonlinear Stochastic Growth Models: A Comparison of Alternative Solution Methods," Journal of Business & Economic Statistics, American Statistical Association, vol. 8(1), pages 1-17, January.
    Other versions:
  3. Oded Galor & David N. Weil, 1993. "The Gender Gap, Fertility, and Growth," NBER Working Papers 4550, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  4. Rosenzweig, Mark R, 1990. "Population Growth and Human Capital Investments: Theory and Evidence," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages S38-70, October. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Michele Boldrin & Maria Cristina De Nardi & Larry E. Jones, 2005. "Fertility and Social Security," Levine's Bibliography 666156000000000506, UCLA Department of Economics. [Downloadable!]
    Other versions:
  2. Gary D. Hansen & Edward C. Prescott, 2002. "Malthus to Solow," American Economic Review, American Economic Association, vol. 92(4), pages 1205-1217, September. [Downloadable!]
    Other versions:
  3. Cristina Echevarria, Karine S. Moe, 2000. "On The Need For Gender In Dynamic Models," Feminist Economics, Taylor and Francis Journals, vol. 6(2), pages 77-96, July. [Downloadable!] (restricted)
  4. Sylvain Dessy & John Knowles, 2007. "Why Is Child Labor Illegal?," IZA Discussion Papers 2901, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  5. Kai Zhao, 2009. "Social Security, Differential Fertility, and the Dynamics of the Earnings Distribution," UWO Department of Economics Working Papers 20091, University of Western Ontario, Department of Economics. [Downloadable!]
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