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Endogenous childcare costs in R&D based model

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  • Miyake, Yusuke

Abstract

In an AI society, ICT is being introduced in all sectors. This trend is expected to significantly impact an aging society with a declining birthrate, which is expected to accelerate in the future. The development of medical care and improvements in diet will promote longer life expectancy, while the spread of online services will promote more efficient labor, and the development of home appliances will greatly reduce the burden of housework and childcare. In this paper, we analyze how the increase in longevity and disposable time of households in an AI society will affect the decline in fertility based on an R&D model.

Suggested Citation

  • Miyake, Yusuke, 2022. "Endogenous childcare costs in R&D based model," MPRA Paper 112489, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:112489
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    More about this item

    Keywords

    Endogenous Childcare cost - Endogenous lifetime - Two-sector growth model;

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

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