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Microeconomics of Declining Birthrate: Review of Existing Literature

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  • Aoki, Reiko
  • 青木, 玲子
  • アオキ, レイコ

Abstract

This paper explores the implications of declining population on the economy. A simple model with household childbearing decision with macro-micro feedback rule is introduced to argue that population cannot continue to decrease forever. Then we review the innovation and growth literature to understand the possible implications.

Suggested Citation

  • Aoki, Reiko & 青木, 玲子 & アオキ, レイコ, 2004. "Microeconomics of Declining Birthrate: Review of Existing Literature," Discussion Paper 228, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    • Handle: RePEc:hit:piedp1:228
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    File URL: https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/14289/pie_dp228.pdf
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    Cited by:

    1. Yomogida, Morihiro & 蓬田, 守弘 & ヨモギダ, モリヒロ & Aoki, Reiko & 青木, 玲子 & アオキ, レイコ, 2005. "It Takes a Village: Network Effect of Child-rearing," Discussion Paper 275, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.

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