The Child is Father of the Man: Implications for the Demographic Transition
Abstract
We propose a new theory of the demographic transition based on the evidence that body development during childhood is an important predictor of adult life expectancy. This theory is embodied in an OLG framework where fertility, longevity and education all result from individual decisions. The model displays different regimes, allowing the economy to move slowly from an initial Malthusian regime towards the Modern era. The dynamics reproduces the key features of the demographic transition, including the permanent increase in life expectancy, resulting from improvements in body development, the hump in both population growth and fertility, and a late increase in secondary educational attainments.Download Info
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Paper provided by Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) in its series UFAE and IAE Working Papers with number 765.09.Length: 34
Date of creation: 10 Mar 2009
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Handle: RePEc:aub:autbar:765.09
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Keywords: Life Expectancy; Height; Education; Fertility; Mortality;Other versions of this item:
- David de la Croix & Omar Licandro, 2009. "“The Child is Father of the Man:” Implications for the Demographic Transition," Working Papers 376, Barcelona Graduate School of Economics.
- de la Croix, David & Licandro, Omar, 2007. "‘The Child is Father of the Man:’ Implications for the Demographic Transition," CEPR Discussion Papers 6493, C.E.P.R. Discussion Papers.
- DE LA CROIX, David & LICANDRO, Omar, 2007. "‘The child is father of the man’: implications for the demographic transition," CORE Discussion Papers 2007072, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- David de la Croix & Omar Licandro, 2007. "‘The Child is Father of the Man:’ Implications for the Demographic Transition," Economics Working Papers ECO2007/05, European University Institute.
- Omar Licandro & David de la Croix, 2008. "The Child is Father of the Man: Implications for the Demographic Transition," 2008 Meeting Papers 186, Society for Economic Dynamics.
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
- I12 - Health, Education, and Welfare - - Health - - - Health Production
- N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative
- I20 - Health, Education, and Welfare - - Education - - - General
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-03-28 (All new papers)
- NEP-DGE-2009-03-28 (Dynamic General Equilibrium)
- NEP-LAB-2009-03-28 (Labour Economics)
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