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formation, little longevity, high child mortality, large fertility and a sluggish income and productivity growth to a modern …This paper provides a unified theory of the economic and demographic transition. Individuals make optimal decisions … about fertility, education of their children and the type and intensity of the investments in their own education. These …
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generate a demographic transition. Falling mortality can only explain a relatively small part of the fertility decline. A …This paper develops a dynamic general equilibrium model of fertility, human capital accumulation, child labor and … uncertain child survival focusing on the qualitative and quantitative effect of declining mortality on household decisions and …
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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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