Endogenous Fertility, Income Distribution, and Growth
This article analyzes the interaction between growth and fertility via income distribution in a model in which fertility decisions are motivated by old-age support. It provides an explanation of the demographic transition of an economy from a stage of increasing fertility and low growth to a stage of low fertility, high human capital investments, and high growth. Copyright 1999 by Kluwer Academic Publishers
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Volume (Year): 4 (1999)
Issue (Month): 3 (September)
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References listed on IDEAS
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