Fertility differentials among the Hindus and the Muslims in India are a matter of concern, which attracts scholars of different disciplines not only in India, but also outside as well. But surprisingly systematic analysis of fertility pattern among these religion sub groups has not been...

With about five children born per woman and a population growth rate of 2.5 per cent per year, sub-Saharan Africa has been the world's fastest growing region over the last decade. Economists have often argued that high fertility rates are mainly driven by women's demand for children (and not by...

In this document, we consider the effects of a land reform on economic and demographic growth by a family-optimization model with sharecropping, endogenous fertility and status seeking. We show that tenant farming is the major obstacle to escaping the Malthusian trap with high fertility and low...

The demographic transition can affect the equilibrium real interest rate through three channels. An increase in longevity - or expectations thereof - puts downward pressure on the real interest rate, as agents build up their savings in anticipation of a longer retirement period. A reduction in...