decline on demographic and economic growth by a family-optimization model, in which fertility is endogenous and wealth yields … population growth, but the desire of status hampers fertility and prevents capital-diluting demographic expansion. If status …

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 …

Economic and demographic outcomes are determined jointly in a choice-theoretic model of fertility, mortality and …