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Fertility, Time Use, and Economic Development


  • Karine S. Moe

    (Macalester College)


This research develops a model that incorporates both parental altruism toward children and the allocation of time among human capital investment and production in market and nonmarket sector. By introducing these two production sectors, the model captures the interaction among fertility, human capital investment, and time use as economies grow. The model is calibrated to the World Bank's 1985 Living Standard Survey for Peru. Simulations indicate that the model explains the transition from a low-human-capital and high-fertility economy to an economy characterized by high human capital and low fertility. (Copyright: Elsevier)

Suggested Citation

  • Karine S. Moe, 1998. "Fertility, Time Use, and Economic Development," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(3), pages 699-718, July.
  • Handle: RePEc:red:issued:v:1:y:1998:i:3:p:699-718
    DOI: 10.1006/redy.1998.0022

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    References listed on IDEAS

    1. Gary S. Becker & Robert J. Barro, 1988. "A Reformulation of the Economic Theory of Fertility," The Quarterly Journal of Economics, Oxford University Press, vol. 103(1), pages 1-25.
    2. Taylor, John B & Uhlig, Harald, 1990. "Solving Nonlinear Stochastic Growth Models: A Comparison of Alternative Solution Methods," Journal of Business & Economic Statistics, American Statistical Association, vol. 8(1), pages 1-17, January.
    3. Galor, Oded & Weil, David N, 1996. "The Gender Gap, Fertility, and Growth," American Economic Review, American Economic Association, vol. 86(3), pages 374-387, June.
    4. Rosenzweig, Mark R, 1990. "Population Growth and Human Capital Investments: Theory and Evidence," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 38-70, October.
    5. Gilbert Ghez & Gary S. Becker, 1975. "The Allocation of Time and Goods over the Life Cycle," NBER Books, National Bureau of Economic Research, Inc, number ghez75-1, January.
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    Cited by:

    1. Mateos-Planas, Xavier, 2000. "The European demographic transition," Discussion Paper Series In Economics And Econometrics 31, Economics Division, School of Social Sciences, University of Southampton.
    2. Carl-Johan Dalgaard & Holger Strulik, 2015. "The physiological foundations of the wealth of nations," Journal of Economic Growth, Springer, vol. 20(1), pages 37-73, March.
    3. Fabre, Alice & Pallage, Stéphane, 2015. "Child labor, idiosyncratic shocks, and social policy," Journal of Macroeconomics, Elsevier, vol. 45(C), pages 394-411.
    4. Agénor, Pierre-Richard & Canuto, Otaviano & da Silva, Luiz Pereira, 2014. "On gender and growth: The role of intergenerational health externalities and women's occupational constraints," Structural Change and Economic Dynamics, Elsevier, vol. 30(C), pages 132-147.
    5. Agénor, Pierre-Richard & Canuto, Otaviano, 2015. "Gender equality and economic growth in Brazil: A long-run analysis," Journal of Macroeconomics, Elsevier, vol. 43(C), pages 155-172.
    6. Michele BOLDRIN & Mariacristina DE NARDI & Larry E. JONES, 2015. "Fertility and Social Security," JODE - Journal of Demographic Economics, Cambridge University Press, vol. 81(3), pages 261-299, September.
    7. Pierre-Richard Agénor & Madina Agénor, 2014. "Infrastructure, women’s time allocation, and economic development," Journal of Economics, Springer, vol. 113(1), pages 1-30, September.
    8. Dessy, Sylvain E., 2000. "A defense of compulsive measures against child labor," Journal of Development Economics, Elsevier, vol. 62(1), pages 261-275, June.
    9. Gary D. Hansen & Edward C. Prescott, 2002. "Malthus to Solow," American Economic Review, American Economic Association, vol. 92(4), pages 1205-1217, September.
    10. Pallage, Stephane & Zimmermann, Christian, 2007. "Buying out child labor," Journal of Macroeconomics, Elsevier, vol. 29(1), pages 75-90, March.
    11. Mateos-Planas, Xavier, 2000. "The European demographic transition," Discussion Paper Series In Economics And Econometrics 0031, Economics Division, School of Social Sciences, University of Southampton.
    12. Masako Kimura & Daishin Yasui, 2009. "Production Structure, Household Time Allocation, and Fertility," KIER Working Papers 684, Kyoto University, Institute of Economic Research.
    13. Pierre-Richard Agénor, 2012. "A Computable OLG Model for Gender and Growth Policy Analysis," Centre for Growth and Business Cycle Research Discussion Paper Series 169, Economics, The Univeristy of Manchester.
    14. Cristina Echevarria & Karine Moe, 2000. "On the Need for Gender in Dynamic Models," Feminist Economics, Taylor & Francis Journals, vol. 6(2), pages 77-96.
    15. Mason, R. & Weeds, H., 2000. "Networks, options and preemptions," Discussion Paper Series In Economics And Econometrics 0013, Economics Division, School of Social Sciences, University of Southampton.
    16. Dessy, Sylvain & Knowles, John, 2008. "Why is child labor illegal?," European Economic Review, Elsevier, vol. 52(7), pages 1275-1311, October.
    17. Zhao Kai, 2011. "Social Security, Differential Fertility, and the Dynamics of the Earnings Distribution," The B.E. Journal of Macroeconomics, De Gruyter, vol. 11(1), pages 1-31, August.

    More about this item

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General


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