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We show that coordination failures may be part of an explanation for the demographic differences between rich and poor countries and their differing attitudes towards the use of child labor. Our analysis is carried out within a two-period, general equilibrium model with endogenous fertility,...
Persistent link: https://www.econbiz.de/10010938844
The public debt stock in some economically developed countries continues to increase because of a lack of tax revenues and the concomitant burdens of social security. Many of those countries suffer from lower birth rates and consequently, have fewer children. Child allowances might be an...
Persistent link: https://www.econbiz.de/10010954802
The stock of public debt in some developed countries continues to increase because of a lack of tax revenues and the burdens of social security. Many of those developed countries suffer from lower birth rates. Child allowances might help to raise fertility, leading to higher tax revenue in the...
Persistent link: https://www.econbiz.de/10010956153
This paper investigates the problem of an \optimum population" concerning age structures in a 3-period OLG-model with endogenous fertility and longevity. The first-best solution for a number-dampened total social welfare function, including Millian and Benthamite utilitarianism as two extreme...
Persistent link: https://www.econbiz.de/10010958246
In predicting the impact of policies on macroeconomic variables, the government must consider the effect of household fertility choices on demographic trends, as macroeconomic variables can be influenced by population scale. Therefore, this paper presents a comprehensive survey of existing...
Persistent link: https://www.econbiz.de/10010832894
This paper studies the quantity-quality trade-off model of fertility, under the assumption of hyperbolic discounting. It shows that the lack of self-control may play a different role in a developed economy and in a developing one. In the first case, characterized by a positive investment in...
Persistent link: https://www.econbiz.de/10010775680
This paper studies the quantity-quality trade-off model of fertility, under the assumption of hyperbolic discounting. It shows that the lack of self-control may play a different role in a developed economy and in a developing one. In the first case, characterized by a positive investment in...
Persistent link: https://www.econbiz.de/10010784093
This paper examines the relationship between international migration and source country fertility. The impact of international migration on source country fertility may have a number of causes, including a transfer of destination countries' fertility norms and an incentive to acquire more...
Persistent link: https://www.econbiz.de/10010264528
This paper provides a unified treatment of externalities associated with fertility and human capital accumulation as they relate to pension systems. It considers as overlapping generations model in which every generation consists of high earners and low earners with the proportion of types being...
Persistent link: https://www.econbiz.de/10010266047
This paper examines the relationship between international migration and source country fertility. The impact of international migration on source country fertility may have a number of causes, including a transfer of destination countries' fertility norms and an incentive to acquire more...
Persistent link: https://www.econbiz.de/10010269132