A comprehensive study of the linkages between demographic and economic variables should not only account for vintage specificity but also incorporate the relevant economic and demographic decisions in a complete optimal control set-up. In this paper, a methodological set-up allowing to reach...

We propose a new theory of the demographic transition based on the evidence that body development during childhood is an important factor for life expectancy. The key and novel mechanism of the model is that parents face a tradeoff between the quantity of children and the childhood development...

We highlight the salient characteristics and implications of the seminal contributions in the field of vintage capital growth theory (proposed entry for the New Palgrave Dictionary of Economics, 2nd edition).