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growth framework with micro-founded fertility and schooling behavior. The theory suggests a refined view on the human factor …—when fertility is going to be below replacement level in virtually all developed countries—are better than suggested by conventional …
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gaps in annual hours and wages. Greater fertility and larger families also serve to compensate low-wage workers in the …
Persistent link: https://www.econbiz.de/10010998779
This paper focuses on the evolution of child labour, fertility and human capital in an economy characterized by two … labour and fertility decisions. Furthermore, we investigate how child labour regulation policies can influence the welfare of …
Persistent link: https://www.econbiz.de/10010857808
, fertility, education, and income, as well as reconciles the theory that gains in life expectancy trigger a growth takeoff by …This paper develops an overlapping generations model in which agents make educational and fertility decisions under … mechanism that links life expectancy, retirement, education, fertility, and growth. Gains in adult longevity induce agents to …
Persistent link: https://www.econbiz.de/10010903869
the relationship between aggregate fertility and household savings. [BREAD WP No. 415]. …
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Conventional R&D-based growth theory argues that productivity growth is driven by population growth but the data …-founded fertility and schooling behavior. The model explains the historical emergence of R&D-based growth and the subsequent emergence … growth - when fertility is going to be below replacement level in virtually all developed countries - are much better than …
Persistent link: https://www.econbiz.de/10010954314
Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or … setup with micro-founded fertility and schooling behavior. We then show how a Beckerian child quality-quantity trade …-run prospects for future economic growth - when fertility is going to be below replacement level in virtually all developed …
Persistent link: https://www.econbiz.de/10010954482
Little is known about the response behavior of parents whose children are exposed to an early-life shock. In this paper we interpret the prenatal exposure of the Austrian 1986 cohort to radioactive fallout from the Chernobyl accident as a negative human capital shock and examine their parents'...
Persistent link: https://www.econbiz.de/10010959524