, additionally, expect children to support them in old age, this paper explores the interrelation between growth, fertility, and the … growth, but further increases in public pensions eventually reduce it. Fertility, on the other hand, falls by an increase in …Employing an overlapping generations endogenous growth model in which parents derive utility from having children and …

biased away from the socially preferred result. The bias results in higher fertility rates and lower economic growth rates …This paper considers the implications of the financing of government services to children when fertility decisions are …

This paper presents a dynamic model of fertility decisions in which children serve as an incomplete insurance good. The … number of children. It contributes to the understanding of the negative relation between fertility and education, shows why … parents may demand children even if the return is negative, and explains why fertility might rise with increasing income when …

Fertility Revolution" and questions regarding the applicability of the theory of household choice in modernizing societies. This …

, indeterminacy occurs. In particular, we find that two equilibria occur - one is associated with high fertility and low growth, while … the other is associated with low fertility and high growth. A parameterized example is given to assess the empirical … feasibility of our results. The validity of the neo-Malthusian relation between fertility and growth is then re-examined. Finally …

generations model in which the engine of growth is the accumulation of human capital. In particular, we consider different … education funding systems and compare their performance in terms of growth rates and pace of convergence between two …-off between long run growth rate and short run convergence. In such choice, the initial capital stock and the extent of regional …

This paper examines interactions between education policy and growth. The analysis is carried out in an OLG model with …, increases the proportion of skilled individuals, and tends to promote growth. On the other hand, education spending crowds out … physical capital and reduces learning-by-doing. A marginal increase in the education subsidy can lower growth. It is yet shown …

There is evidence that fertility is positively correlated with infant mortality, and that a child`s chance of surviving … parental decisions as a problem of choice under uncertainty, the paper shows that fertility and infant mortality are most … improve with the amount they spend for the health, nutrition, etc. of each child that they put into the world, then fertility …

effects of schooling on the fertility of women under the age of 45. This is due to the application of methods to an … completed fertility had increased from its all time low in the nineteen seventies. …