We extend the literature on endogenous lifetime and economic growth by Chakraborty (2004) and Bunzel and Qiao (2005) to endogenous fertility. We show that development traps due to underinvestments in health cannot appear when fertility is an economic decision variable and the costs of children are represented by a constant fraction of the parents' income used for their upbringing.
Autori interni: | GORI, LUCA (Corresponding) | |
Autori: | Fanti, Luciano; Gori, Luca | |
Titolo: | Endogenous fertility and development traps with endogenous lifetime | |
Anno del prodotto: | 2011 | |
Abstract: | We extend the literature on endogenous lifetime and economic growth by Chakraborty (2004) and Bunzel and Qiao (2005) to endogenous fertility. We show that development traps due to underinvestments in health cannot appear when fertility is an economic decision variable and the costs of children are represented by a constant fraction of the parents' income used for their upbringing. | |
Digital Object Identifier (DOI): | 10.1155/2011/726756 | |
Appare nelle tipologie: | 1.1 Articolo in rivista |
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Fanti and Gori 2011 Economics Research International.pdf | Versione finale editoriale | ![]() | Open AccessVisualizza/Apri |
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