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Fertility, volatility, and growth

  • Pommeret, Aude
  • Smith, William T.

Empirically, growth rates are negatively correlated with birth rates; they are also correlated with production risk. We argue that these stylized facts are related, and arise jointly from the decision of how many children to have in a risky economic environment.

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Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 87 (2005)
Issue (Month): 3 (June)
Pages: 347-353

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Handle: RePEc:eee:ecolet:v:87:y:2005:i:3:p:347-353
Contact details of provider: Web page: http://www.elsevier.com/locate/ecolet

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