This study investigates the general equilibrium effects of a fertility shock under different intergenerational transfer schemes. The effects on lifetime income and utility for different generations, as well as the effects on factor prices, are analyzed in a three-period overlapping generations...

Empirical studies indicate that the transition to parenthood is influenced by an individual's peer group. To study the mechanisms that create interdependencies across individuals' transition to parenthood and its timing we apply an agent-based simulation model. We build a one-sex model and...

Long-term consequences of childbearing postponement for the population size are considered. General relations are obtained, which imply that the cohort NRR, the final generation length, and dynamics of the number of genealogical lines determine the final population trend. The period fertility...

The classical result by R.A. Fisher concerning reproductive value dynamics is expanded to the case of varying vital rates with a constant cohort Lotka's r. Based on the demographic potential approach, generalization of the concept of reproductive value is introduced, which exhibits exponential...

Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or population growth, an implication which is hard to see in the data. Here we integrate micro-founded fertility and schooling into an otherwise standard R&D-based growth model....