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After the fall in fertility during the Demographic Transition, many developed countries experienced a baby bust, followed by the Baby Boom and subsequently a return to low fertility. Received wisdom from the Demography literature links these large fluctuations in fertility to the series of...
Persistent link: https://www.econbiz.de/10004977939
The objective of the paper is to develop and estimate a non-parametric dynamic model of the marriage market … they want to marry and who to marry. Equilibrium transfers clear the marriage market in every period. Divorce hazards are … exogenous. The rational expectations equilibrium of this model generates a intertemporal sequence of marriage matching functions …
Persistent link: https://www.econbiz.de/10005085430
The present paper constructs possible baseline economies with an aging population to analyze Social Security reform plans, using an overlapping generations (OLG) model with heterogeneous households. In this model, households receive idiosyncratic working ability shocks and mortality shocks....
Persistent link: https://www.econbiz.de/10005085452
What drove western population growth in the U.S. during the 19th century? The facts are: (i) The birth ratio was higher in the West than in the East. Both exhibited a secular decline. (ii) Between 1800 and 1810 net migration accounted for 88% of the rate of population growth in the northwest...
Persistent link: https://www.econbiz.de/10005085485
In this paper, we generalize the notion of Pareto-efficiency to make it applicable to environments with endogenous populations. Two different efficiency concepts are proposed, P-efficiency and A-efficiency. The two concepts differ in how they treat people that are not born. We show how these...
Persistent link: https://www.econbiz.de/10005090876
Social norms are influenced by the technological environment that a society faces. Behavioral modes reflect purposive decision making by individuals, given the environment they live in. Thus, as technology changes, so might social norms. There were big changes in social norms during the 20th...
Persistent link: https://www.econbiz.de/10005051241
Persistent link: https://www.econbiz.de/10005051343
examine the effects of demographic shocks and changes in social norms on marriage markets and inter-generational transfers … social norm, that came to prevail in the marriage market with the demise of the feudal system, both contributed to the … divergence between the urban and the rural marriage markets, already picking up before the Black Death, greatly deepened in the …
Persistent link: https://www.econbiz.de/10005051448
marriage and birthing, the model can be calibrated using aggregate data. Fifth, the model permits an analysis of institutions …
Persistent link: https://www.econbiz.de/10005069345
The five-year relative survival rate from all malignant cancers increased from 50.0% in 1975-1979 to 62.7% in 1995. This increase is not due to a favorable shift in the distribution of cancers. A variety of factors, including technological advances in diagnostic procedures that led to earlier...
Persistent link: https://www.econbiz.de/10005069456