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The aim of this research is to build on a theory for explaining economic development in a (neoclassical) growth model … with endogenous fertility. The economy is comprised of overlapping generations of rational and identical individuals and … perspective, the distinguishing feature of this work is that endogenous fertility per se is able to explain the existence of low …
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Economic and demographic outcomes are determined jointly in a choice-theoretic model of fertility, mortality and …
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We set up a model of economic and demographic long-run development, where inequality in income and reproductive success (polygynous mating) plays a central role. The model generates a slow and gradual compression of the income gap between landholders and landless, together with rising levels of...
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