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Endogenous Fertility, Income Distribution, and Growth

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Abstract

This article analyzes the interaction between growth and fertility via income distribution in a model in which fertility decisions are motivated by old-age support. It provides an explanation of the demographic transition of an economy from a stage of increasing fertility and low growth to a stage of low fertility, high human capital investments, and high growth.

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Authors and Affiliations

  1. Department of Economics, U-63, University of Connecticut, Storrs, CT, 06269

    Olivier F. Morand

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  1. Olivier F. Morand
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Morand, O.F. Endogenous Fertility, Income Distribution, and Growth. Journal of Economic Growth 4, 331–349 (1999). https://doi.org/10.1023/A:1009884804855

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  • DOI: https://doi.org/10.1023/A:1009884804855

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