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Why is fertility rising in developed economies? The dynamics of skill composition, fertility and economic growth

Day, Creina

Description

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]

CollectionsANU Research Publications
Date published: 2010
Type: Conference paper
URI: http://hdl.handle.net/1885/54740
Source: Proceedings of the Australian Conference of Economists 2010

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