This paper analyses the relationship between age-specific fertility, mortality and real wages in Sweden during the … demographic transition. We take an overlapping generation’s model of life cycle fertility and fit it to actual Swedish time …-series data over the past two and a half centuries. The model fits the data well, accurately portraying the total fertility …

increase in survival rates, rather than the decline in fertility rates, is the main driving factor behind these fiscal costs …. Fourth, increases in fertility and immigration are not an effective solution to such budget challenges. …

In a standard OLG model of a small open economy with logarithmic utility and endogenous fertility we show that the … reversion of the relationship between fertility and wages (i.e. a transition from the Malthusian to the Modern fertility … fact, as known, the latter have been implemented mostly in the advanced Western Countries, where the fertility behavior …

capital, production technology, labour market, and heterogeneity of agents. The interaction between fertility and per capita … models. One major implication, is that the decline of fertility in the industrialised countries is more a consequence than a …

capital, production technology, labour market, and heterogeneity of agents. The interaction between fertility and per capita … models. One major implication, is that the decline of fertility in the industrialised countries is more a consequence than a …

increase in survival rates, rather than the decline in fertility rates, is the main driving factor behind these fiscal costs …. Fourth, increases in fertility and immigration are not an effective solution to such budget challenges. …

fertility and therefore to a need for government intervention. The friction we investigate is related to the ownership of … whenever thetransfer floor is binding, fertility choices are inefficient. We show how this inefficiency relates to dynamic … inefficiency in standard OLG models with exogenous fertility and Millian efficiency in models with endogenous fertility. In …

We explore the optimal fertility age-pattern in a four-period OLG economy with physical capital accumulation. For that …'s Serendipity Theorem still holds. Finally, we study the dynamics and social optimum of an economy with interior fertility rates … during the reproduction period. It is shown that various fertility age-patterns are compatible with the social optimum, as …