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A Stochastic Model of Mortality, Fertility, and Human Capital Investment
Uncertainty Precautionary demand Quality-Quantity trade off
2015/9/21
This paper examines the relationship between fertility and human capital investment,
and it’s implications for economic growth, focusing on the effects of declining mortality.
Unlike the exist...
The fertility transition in South Africa: A retrospective panel data analysis
South Africa fertility education marriage social norms
2014/12/26
Since 1960 South Africa has seen a steep fall in fertility levels and currently the total fertility rate is the lowest on the African continent. Given the high prevailing levels of fertility in Africa...
Consequences of increased longevity for wealth, fertility, and population growth
Consequences increased longevity wealth fertility population growth
2010/12/20
We present, solve and numerically simulate a simple model that describes the consequences of increased longevity on fertility rates, population growth and the distribution of wealth in developed soci...