We extend the literature on endogenous lifetime and economic growth by Chakraborty (2004) and Bunzel and Qiao (2005) to endogenous fertility. It is shown that development traps due to under investments in health cannot appear when fertility is an economic decision variable and the costs of children are represented by a constant share of the parents’ income used for the upbringing of them.
|Autori:||Fanti L; Gori L|
|Titolo:||Endogenous fertility and development traps with endogenous lifetime.|
|Anno del prodotto:||2011|
|Digital Object Identifier (DOI):||10.1155/2011/726756|
|Appare nelle tipologie:||1.1 Articolo in rivista|