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Mortality Reductions, Educational Attainment, and Fertility Choice

Listed author(s):
  • Rodrigo R. Soares

    (University of Maryland)

This paper develops a model where reductions in mortality are the main force behind economic development. The model generates a pattern of changes similar to the demographic transition, where gains in life expectancy at birth are followed by reductions in fertility and increases in the rate of human capital accumulation. The onset of the transition is characterized by a critical level of life expectancy at birth, which marks the movement of the economy from a Malthusian equilibrium to an equilibrium with investments in human capital and the possibility of long-run growth.

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File URL: http://econwpa.repec.org/eps/dev/papers/0312/0312006.pdf
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Paper provided by EconWPA in its series Development and Comp Systems with number 0312006.

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Length: 40 pages
Date of creation: 29 Dec 2003
Handle: RePEc:wpa:wuwpdc:0312006
Note: Type of Document - pdf; prepared on WinXP; pages: 40
Contact details of provider: Web page: http://econwpa.repec.org

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