Why is fertility rising in developed economies? The dynamics of skill composition, fertility and economic growth
This paper develops an overlapping generations model that incorporates choice of occupation (education), fertility and how to rear children. We examine the dynamic interplay between occupational structure, economic growth and fertility as an economy moves through two phases distinguished by the skill composition of the workforce. The model exhibits the possibility of multiple equilbria and dynamic behaviour in the second phase that is consistent with a unit elastic version of Diamond (1965)....[Show more]
|Collections||ANU Research Publications|
|Source:||Proceedings of the Australian Conference of Economists 2010|
|01_Day_Why_is_fertility_rising_in_2010.pdf||225.02 kB||Adobe PDF||Request a copy|
Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.