Growth, fertility and human capital: A survey
AbstractThis paper surveys recent work on endogenous fertility and endogenous growth. These models provide the building blocks for a theory of development. They are capable of explaining income and fertility differentials between rich and poor countries. They can produce switching behavior, countries that transform themselves from no growth economies into high growth economies. The fertility and growth effects of social security programs are also examined. Finally models with increasing returns to population are presented. They are capable of reproducing very long term relationships between human capital, fertility and economic growth.
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Bibliographic InfoArticle provided by Springer in its journal Spanish Economic Review.
Volume (Year): 2 (2000)
Issue (Month): 3 ()
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- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
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