Many countries consider rising fertility through pro-family policies as a solution to the fiscal pressure stemming from … effects of simulated increases to the birth rates. We analyze the overall macroeconomic and welfare effects of these simulated … the final effects to the assumed target value and path of increased fertility. Since our study tries to quantify the …

Many countries consider rising fertility through pro-family policies as a solution to the fiscal pressure stemming from … effects of simulated increases to the birth rates. We analyze the overall macroeconomic and welfare effects of these simulated … the final effects to the assumed target value and path of increased fertility. Since our study tries to quantify the …

We analyze the effects of children's health on human capital accumulation and on long-run economic growth. For this … purpose we design an R&D-based growth model in which the stock of human capital of the next generation is determined by … parental education and health investments. We show that i) there is a complementarity between education and health: if parents …

decisions; altruistic intergenerational transfers from workers toward their parents; and economic growth. An increase in child … survival is found to reduce the fertility rate and altruistic transfers, and thereby increase the savings rate and the … productivity growth rate. The analysis illustrates the key role of child health in the demographic transition …