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Endogenous Fertility, Income Distribution, and Growth

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  • Morand, Olivier F

Abstract

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

Suggested Citation

  • Morand, Olivier F, 1999. "Endogenous Fertility, Income Distribution, and Growth," Journal of Economic Growth, Springer, vol. 4(3), pages 331-349, September.
    • Handle: RePEc:kap:jecgro:v:4:y:1999:i:3:p:331-49
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