Consequences of Permanent Changes in Child Mortality on Parental Welfare and Population Density
AbstractIn an overlapping generations framework, the effects of exogenous changes in child mortality on fertility and parental welfare in the short run and on fertility, population density and parental welfare in the long run is analyzed in a primitive, land-constrained economy. In a first step a perfectly foreseen rate of survival of children into adulthood is analyzed. It is shown that a decrease in child mortality always increase parental welfare in the short run while the direction of the change in fertility choice depends on the relative risk aversion. In the long run, however, parental welfare is reduced independently of the degree of the relative risk aversion. In a second step, uncertainty about the survival rate is considered. It is shown that the effects on fertility choice in the short run and on population density in the long run remains qualitatively the same as in the case with a perfectly foreseen survival rate.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Stockholm School of Economics in its series Working Paper Series in Economics and Finance with number 29.
Length: 35 pages
Date of creation: Nov 1994
Date of revision:
Contact details of provider:
Postal: The Economic Research Institute, Stockholm School of Economics, P.O. Box 6501, 113 83 Stockholm, Sweden
Phone: +46-(0)8-736 90 00
Fax: +46-(0)8-31 01 57
Web page: http://www.hhs.se/
More information through EDIRC
Endogenous fertility; child mortality; old age security; farm size;
Find related papers by JEL classification:
- D91 - Microeconomics - - Intertemporal Choice - - - Intertemporal Household Choice; Life Cycle Models and Saving
- J10 - Labor and Demographic Economics - - Demographic Economics - - - General
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
- Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Helena Lundin).
If references are entirely missing, you can add them using this form.