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Since the seminal work of Becker, the analysis of endogenous fertility has been based on the trade-off faced by parents between the quantity and the quality of their children. In order to have an interior solution, the model assumes that in case children work, still they get positive income from...
Persistent link: https://www.econbiz.de/10010335966
Previous research has established that birth order affects outcomes such as educational achievements, IQ and earnings. The mechanisms behind these effects are, however, still largely unknown. In this paper, we examine birth-order effects on health, and whether health at young age could be a...
Persistent link: https://www.econbiz.de/10012013535
Previous research has shown that birth order affects outcomes such as educational achievements, IQ and earnings. The mechanisms behind these effects are, however, still largely unknown. In this paper, we examine birth-order effects on health, and whether health at young age could be a...
Persistent link: https://www.econbiz.de/10012039269
This study investigates the general equilibrium effects of a fertility shock under different intergenerational transfer schemes. The effects on lifetime income and utility for different generations, as well as the effects on factor prices, are analyzed in a three-period overlapping generations...
Persistent link: https://www.econbiz.de/10010321536
From the canonical model of Becker onward, models of population dynamics have been based on assumptions which fit the family structure of developed countries. The aim of this paper is to develop a framework that fits the family structure of poor countries. The building blocks of the model...
Persistent link: https://www.econbiz.de/10010335997
A key aim of economics is to set goals and investigate the relationship between various socio-economic indicators. By fitting time series data using a Bayesian dynamical systems approach we identify non-linear interactions between GDP, child mortality, fertility rate and female education. We...
Persistent link: https://www.econbiz.de/10011396729
This paper presents a model of fertility, which is specific for the industrialization that took place during the nineteenth century and which was concurrent with the demographic transition that occurred over the period. While previous research on demographic transition assumed altruism as the...
Persistent link: https://www.econbiz.de/10013204727
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...
Persistent link: https://www.econbiz.de/10010284035
We study the effects of increased opportunities for one-on-one time with a parent during infancy on the human capital formation of children. To this end, we exploit a nationwide reform that mandated Swedish municipalities to offer childcare access for infants' older siblings, while parents were...
Persistent link: https://www.econbiz.de/10013394338
Population ageing affects most countries, especially developed ones. The elderly have increased in number as a result of increased longevity and a parallel decline in fertility. This phenomenon is placing an increasing burden on the young to finance intergenerational transfers to the old, which...
Persistent link: https://www.econbiz.de/10012057430