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period, first the post-World War baby boom and then the substantial increase in education led to higher economic growth than … otherwise expected. As the pace of increase in education slowed and the workforce aged toward the end of the period, human …
Persistent link: https://www.econbiz.de/10012213777
economy, the role of women for fertility decisions and human capital investments is particularly important. Yet, we believe …
Persistent link: https://www.econbiz.de/10011888636
While high fertility persists in the poorest countries and fertility declines with per capita income in developing … countries, fertility and per capita income are now positively associated across most developed countries. This paper presents a … model where a Ushaped relationship between overall fertility and per capita income reflects within country differences in …
Persistent link: https://www.econbiz.de/10014154706
This paper incorporates the timing of childbearing into a growth model with endogenous fertility. It analyzes a model … in which individuals' human capital stock depends positively on their education and parental human capital and in which … the complementarity between parental human capital and education in determining individuals' human capital is relatively …
Persistent link: https://www.econbiz.de/10014101941
fertility rates and reducing output growth in the transitional dynamics. If human or physical stocks are sufficiently low, the … model shows that an economy can be caught in a fertility-caused poverty trap, while countries with more resources will …
Persistent link: https://www.econbiz.de/10011566054
This paper builds an age-structural model of human population genetics in which agents are endowed with a high-dimensional genome that determines their cognitive and physical characteristics. Young adults optimally search for a marriage partner, work for firms, consume goods, save for old age...
Persistent link: https://www.econbiz.de/10011566205
Persistent link: https://www.econbiz.de/10014474583
Persistent link: https://www.econbiz.de/10014478487
development. It affects human capital through both religious and secular education. It affects population and labor by influencing … work effort, fertility, and the demographic transition. And it affects total factor productivity by constraining or …
Persistent link: https://www.econbiz.de/10014495766
development. It affects human capital through both religious and secular education. It affects population and labor by influencing … work effort, fertility, and the demographic transition. And it affects total factor productivity by constraining or …
Persistent link: https://www.econbiz.de/10014391202