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Declining Fertility and Economic Well-Being : Do Education and Health Ride to the Rescue?

Prettner, Klaus - 2012

It is widely argued that declining fertility slows the pace of economic growth in industrialized countries through its negative effect on labor supply. There are, however, theoretical arguments suggesting that the effect of falling fertility on effective labor supply can be offset by associated...

Persistent link: https://www.econbiz.de/10013106652

Income and Population Growth

Brückner, Markus - 2013

Do populations grow as countries become richer? In this paper we estimate the effects on population growth of shocks to national income that are plausibly exogenous and unlikely to be driven by technological change. For a panel of over 139 countries spanning the period 1960-2007 we interact...

Persistent link: https://www.econbiz.de/10013080869

Land Reforms, Status and Population Growth

Lehmijoki, Ulla - 2014

In this document, we consider the effects of a land reform on economic and demographic growth by a family-optimization model with sharecropping, endogenous fertility and status seeking. We show that tenant farming is the major obstacle to escaping the Malthusian trap with high fertility and low...

Persistent link: https://www.econbiz.de/10013055912

Demographic Uncertainty and Generational Consumption Risk with Endogenous Human Capital

Emerson, Patrick M. - 2018

This paper uses a model with overlapping generations to demonstrate that human capital accumulation can potentially attenuate factor price movements in response to birth rate shocks. Specifically, we show that if education spending per child is inversely related to the size of the generation,...

Persistent link: https://www.econbiz.de/10012925513

The Demographic Transition : Causes and Consequences

Galor, Oded - 2012

This paper develops the theoretical foundations and the testable implications of the various mechanisms that have been proposed as possible triggers for the demographic transition. Moreover, it examines the empirical validity of each of the theories and their significance for the understanding...

Persistent link: https://www.econbiz.de/10013110845

Endogenous Demographic Change, Retirement and Social Security

Cipriani, Giam - 2019

In this paper, we analyse the effects of demographic change on a PAYG pension system, financed with a defined contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three-period overlapping generations model. We focus on both the case of...

Persistent link: https://www.econbiz.de/10012870250

Social Security and Endogenous Demographic Change : Child Support and Retirement Policies

Cipriani, Giam; Fioroni, Tamara - 2021

This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement choices necessarily coincide with socially optimal...

Persistent link: https://www.econbiz.de/10013251539

The Variability and Volatility of Sleep : An Archetypal Approach

Hamermesh, Daniel S.; Pfann, Gerard A. - 2022

individuals' sleep time exhibits both variability and volatility characterized by stationary autoregressive conditional … young children at home. Volatility is greater among parents with young children, slightly greater among men than women, but … independent of other demographics. A theory of economic incentives to minimize the dispersion of sleep predicts that higher …

Persistent link: https://www.econbiz.de/10014083924

Trading While Sleepy? Circadian Mismatch and Excess Volatility in a Global Experimental Asset Market

Dickinson, David L. - 2017

Traders in global markets operate at different local times-of-day. Suboptimal times-of-day may produce sleepiness due to daily variations in sleep/wake patterns and possibly also increased accumulation of hours awake. Global asset markets imply significantly increased heterogeneity in circadian...

Persistent link: https://www.econbiz.de/10012947730

Frictional Unemployment with Stochastic Bubbles

Vuillemey, Guillaume - 2016

Bubbles are recurrent events, which contribute to both macroeconomic and employment volatility. We introduce stochastic …

Persistent link: https://www.econbiz.de/10012981503