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 …

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. …

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 …

employment and growth, but also in an increase in fertility. Such an ‘intelligent’ pension design would maintain a strong link … to a fully-funded system might even reduce fertility. …

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 …

annuity market with actuarially fair return, imposing the optimum fertility rate and the optimum survival rate leads the …