Fertility, the Quality of Children and Economic Growth
AbstractThis paper develops a theory of the fertility choice that focus on the shadow price of the quality of children and fertility rate within a framework of long term economic growth. The analysis also links the shadow price of quality with the interaction between fertility and economic growth. Through the choice of per child quality within family, the analysis contributes to narrowing the many remaining gaps between endogenous family decisions on fertility and aggregate economic growth.
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Bibliographic InfoArticle provided by Center for Economic Integration, Sejong University in its journal Journal of Economic Integration.
Volume (Year): 13 (1998)
Issue (Month): ()
Find related papers by JEL classification:
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
- O49 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Other
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