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mortality, fertility rate and female education. We show that reduction in child mortality is best predicted by the level of GDP … in a country over the preceding 5 years. Fertility rate decreases when current or predicted child mortality is low, and … is weakly dependent on female education and economic growth. As fertility drops, GDP increases producing a cycle that …
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composition of the population, and the associated fertility differential is crucial for understanding the economic and the … demographic transition. In the model, heterogeneous individuals make optimal decisions about fertility, education of their …, and education and fertility decisions delivers a phase transition that replicates stylized facts that previously have been …
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