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Exogenous variation in fertility from parental preferences for sex-mix among their children is used to identify the causal effect of family size on several measures associated with either the allocation of resources towards children within the household or the outcomes of these investments....
Persistent link: https://www.econbiz.de/10013325247
Recently, Jones (2002} and Barro and Sala-í-Martin (2004) pointed out that the neoclassical growth model with a Cobb-Douglas technology has a closed-form solution. This note makes a similar remark for the Malthusian model: I develop and characterize a closed-form solution. Moreover, I emphasize...
Persistent link: https://www.econbiz.de/10005110961
We analyze the role of education subsidies in affecting child labor where a family chooses the quantity of children, the level of educational attainment and the fraction of time an offspring spends on child labor. This is relevant because following the threat of trade sanctions and suspension of...
Persistent link: https://www.econbiz.de/10005703242
Today's labor-scarce economies have open trade and closed immigration policies, while a century ago they had just the opposite, open immigration and closed trade policies. Why the inverse policy correlation, and why has it persisted for almost two centuries? This paper seeks answers to this dual...
Persistent link: https://www.econbiz.de/10005703758
at a fixed wage-income level because population growth tends to outstrip real output growth. Dynamic equilibrium with … constant income and population is achieved through equilibrating adjustments in "positive checks" (mortality, starvation) and … economic stagnation with high fertility and mortality and constant population and income, as predicted by Malthus, but also for …
Persistent link: https://www.econbiz.de/10005710563
Klaus Deininger and Lyn Squire have recently produced an inequality data base for a panel of countries from the 1960s to the 1990s. We use these data to decompose the sources of inequality into three central parts: the demographic or cohort size effect; the so-called Kuznets Curve or demand...
Persistent link: https://www.econbiz.de/10005710901
such valuations differ is overstated when there are increasing returns to population and is understated under decreasing …
Persistent link: https://www.econbiz.de/10005720142
Exogenous variation in fertility from parental preferences for sex-mix among their children is used to identify the causal effect of family size on several measures associated with either the allocation of resources towards children within the household or the outcomes of these investments....
Persistent link: https://www.econbiz.de/10005822922
in OECD countries, some of which already face the prospect of population decline as well. While the trend is largely the …
Persistent link: https://www.econbiz.de/10005777761
-age population growing at a much faster pace than its dependent population during the period 1965-1990, thereby expanding the per … created by the transition. The empirical analyses indicate that population growth has a purely transitional effect on economic …
Persistent link: https://www.econbiz.de/10005778032