Malthus Revisited: Fertility Decision Making based on Quasi-Linear Preferences
Malthus’ (1798) population hypothesis is inconsistent with the demographic transition and the concurrent massive expansion of incomes observed among industrialised countries. This study shows that eliminating the income-effect on the demand for children from the Malthusian model makes it harmonise well with industrial development.
|Date of creation:||Jan 2007|
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- Tamura, Robert, 1996. "From decay to growth: A demographic transition to economic growth," Journal of Economic Dynamics and Control, Elsevier, vol. 20(6-7), pages 1237-1261.
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- Holger Strulik, 2003.
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Wiley Blackwell, vol. 54(4), pages 499-520, November.
- Holger Strulik, 1999. "Mortality, the Trade-off Between Child Quality and Quantity,and Demo-Economic Development," Quantitative Macroeconomics Working Papers 19907, Hamburg University, Department of Economics.
- David N. Weil & Oded Galor, 2000. "Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond," American Economic Review, American Economic Association, vol. 90(4), pages 806-828, September.
- Malthus, Thomas Robert, 1798. "An Essay on the Principle of Population," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number malthus1798.
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