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The nexus between infant mortality decline and fertility decline has been the subject matter of several theoretical and empirical investigations. However, this relationship still remains an open question, as the literature provides only mixed empirical evidence. We investigate this relationship...
Persistent link: https://www.econbiz.de/10011199665
We analyze the effect of stochastic survival of children on fertility decision in a dynastic utility model where saving, so to speak, can only be made through having children, the number of which is an endogenous decision to the household. In our stochastic framework where the rate of population...
Persistent link: https://www.econbiz.de/10010629880
This paper constructs a small open two-sector overlapping-generations model with the subsistence level of consumption of agricultural goods and explains the following key stylized facts in the process of economic development: increases followed by declines in fertility rate, increases in human...
Persistent link: https://www.econbiz.de/10010630053
Recently, Jones (2002} and Barro and Sala-í-Martin (2004) pointed out that the neoclassical growth model with a Cobb-Douglas technology has a closed-form solution. This note makes a similar remark for the Malthusian model: I develop and characterize a closed-form solution. Moreover, I emphasize...
Persistent link: https://www.econbiz.de/10010630057
This study examines the extent to which changes in household formation exacerbated income inequality in the United States during the last two generations. Using a time-varying parameter model, the impact on how marriage decisions, changes in human capital, and fertility choices influence...
Persistent link: https://www.econbiz.de/10010630301
This paper chose Singapore as a case study to investigate whether population growth can contribute to economic development. It employed four different single-equation tests for cointegration, namely, 1) ordinary least squares, 2) fully modified ordinary least squares, 3) canonical cointegration...
Persistent link: https://www.econbiz.de/10011278873
This paper studies new mechanisms through which human capital and longevity interact with child labour and endogenous fertility. When children provide old age support in the form of care and companionship, the economy may display multiple development regimes: a development trap with low human...
Persistent link: https://www.econbiz.de/10011265571
We apply the a nonparametric method of kernel regression on a dataset for 109 countries to estimate the income fertility nexus in demo-economic transition. The results suggest the existence of a critical level of per capita income above which fertility decreases exponentially with rising income....
Persistent link: https://www.econbiz.de/10008556131
This study examines the extent to which changes in household formation exacerbated income inequality in the United States during the last two generations. Using a time-varying parameter model, the impact on how marriage decisions, changes in human capital, and fertility choices influence...
Persistent link: https://www.econbiz.de/10005181988
In many arranged marriage contexts, a mediator assists the bride and the groom's families in determining the actual amount of the dowry. Although social scientists in general and economists in particular have studied many aspects of dowries, to the best of our knowledge, the nature of the...
Persistent link: https://www.econbiz.de/10005416920