Córdoba Muñoz, Juan C.; Liu, Xiying - In: Theoretical economics : TE ; an open access journal in … 17 (2022) 1, pp. 415-460
"Malthusian stagnation" result. Furthermore, optimal allocations exhibit inequality, differential fertility, random consumption … environments characterized by fixed resources, endogenous fertility, and full information. Individuals in our environment are fully … et al. (2007). We also show that efficient allocation in the endogenous fertility case differs significantly from its …