BOUCEKKINE, Raouf; DESBORDES, Rodolphe; LATZER, Hélène - Center for Operations Research and Econometrics (CORE), … - 2008
This paper develops a theory of optimal fertility behavior under mortality shocks. In a 3- periods OLG model, young … shocks raise fertility due to insurance and life-cycle mechanisms respectively. In general equilibrium, adult mortality … shocks give rise to price effects (notably through rising wages) lowering fertility, in contrast to child mortality shocks …