Chakrabarti, Rupa - In: Economic Theory 13 (1999) 2, pp. 393-416
This paper examines the interrelationship between capital accumulation, fertility, and growth by introducing an … endogenous fertility decision into Diamond's (1965) neoclassical growth model. Under the assumptions that children provide old … and a high rate of population growth, and the other with a lower capital-labor ratio as well as a lower population growth …