Malthus Revisited: Fertility Decision Making based on Quasi-Linear Preferences
AbstractMalthus’ (1798) population hypothesis is inconsistent with the demographic transition and the concurrent massive expansion of incomes observed among industrialised countries. This study shows that eliminating the income-effect on the demand for children from the Malthusian model makes it harmonise well with industrial development.
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Bibliographic InfoPaper provided by University of Copenhagen. Department of Economics in its series Discussion Papers with number 07-03.
Length: 5 pages
Date of creation: Jan 2007
Date of revision:
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More information through EDIRC
demographic transition; fertility; Malthus;
Other versions of this item:
- Weisdorf, Jacob L., 2008. "Malthus revisited: Fertility decision making based on quasi-linear preferences," Economics Letters, Elsevier, vol. 99(1), pages 127-130, April.
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
- N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-02-03 (All new papers)
- NEP-DEV-2007-02-03 (Development)
- NEP-UPT-2007-02-03 (Utility Models & Prospect Theory)
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