Showing 1 - 10 of 2,667
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 …
Persistent link: https://www.econbiz.de/10005136659
Persistent link: https://www.econbiz.de/10004584586
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 …
Persistent link: https://www.econbiz.de/10005416763
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 …
Persistent link: https://www.econbiz.de/10010933029
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. …
Persistent link: https://www.econbiz.de/10010876549
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 …
Persistent link: https://www.econbiz.de/10010708232
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. …
Persistent link: https://www.econbiz.de/10011107082
failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention. The …) model with fertility choice and altruism, and model ownership by introducing a minimum constraint on transfers from parents … transfer floor is binding, fertility choices are inefficient. We show how this inefficiency relates to dynamic inefficiency in …
Persistent link: https://www.econbiz.de/10008468613
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 …
Persistent link: https://www.econbiz.de/10010610502
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 …
Persistent link: https://www.econbiz.de/10010738929