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Malthus Revisited: Fertility Decision Making based on Quasi-Linear Preferences

  • Jacob L. Weisdorf

    (Department of Economics, University of Copenhagen)

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.

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File URL: http://www.econ.ku.dk/english/research/publications/wp/2007/0703.pdf/
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Paper provided by University of Copenhagen. Department of Economics in its series Discussion Papers with number 07-03.

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Length: 5 pages
Date of creation: Jan 2007
Date of revision:
Handle: RePEc:kud:kuiedp:0703
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  1. Boucekkine, Raouf & de la Croix, David & Licandro, Omar, 2000. "Vintage Human Capital, Demographic Trends and Endogenous Growth," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2000007, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  2. 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.
  3. 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.
  4. 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.
  5. 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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