We construct a Dynamic Stochastic General Equilibrium model of the interaction between demography and the economy for …

. -- Industrialization ; Structural Change ; Demographic Transition ; Geography ; Health ; Cross-Country Divergence …

educated children. In regions where geography is more adverse, this transition does not take place and economies remain trapped … in the Malthusian regime. Accounting for the role of geography in development, therefore, helps to link demographic … transition to geography and shows that geography affects the economy mostly indirectly through its impact on households' economic …