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The reproductive value as part of the shadow price of population

Author

Listed:
  • Gustav Feichtinger

    (Vienna Institute of Demography (Austrian Academy of Sciences))

  • Michael Kuhn

    (Österreichische Akademie der Wissenschaften)

  • Alexia Prskawetz

    (Wittgenstein Centre for Demography and Global Human Capital (IIASA, OeAW, University of Vienna))

  • Stefan Wrzaczek

    (International Institute for Applied Systems Analysis (IIASA))

Abstract

The reproductive value (see Fisher [10]) arises as part of the shadow price of the population in a large class of age-structured optimal control models.

Suggested Citation

  • Gustav Feichtinger & Michael Kuhn & Alexia Prskawetz & Stefan Wrzaczek, 2011. "The reproductive value as part of the shadow price of population," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 24(28), pages 709-718.
    • Handle: RePEc:dem:demres:v:24:y:2011:i:28
    DOI: 10.4054/DemRes.2011.24.28
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    Cited by:

    1. Feichtinger, Gustav & Wrzaczek, Stefan, 2024. "The optimal momentum of population growth and decline," Theoretical Population Biology, Elsevier, vol. 155(C), pages 51-66.
    2. Maria Rita Testa & Stuart Basten, 2012. "Have Lifetime Fertility Intentions Declined During the “Great Recession”?," VID Working Papers 1209, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna.
    3. Theresa Grafeneder-Weissteiner & Ingrid Kubin & Klaus Prettner & Alexia Prskawetz & Stefan Wrzaczek, 2012. "Coping with Inefficiencies in a New Economic Geography Model," VID Working Papers 1204, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna.

    More about this item

    Keywords

    life history; reproductive value;

    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics
    • Z0 - Other Special Topics - - General

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