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Title:
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Health, endogenous fertility and economic growth
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Author:
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Hagen Jørgensen, Ole |
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Abstract:
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This paper shows how improved health conditions aect fertility decisions and economic growth. Survival rates for children and adults are incorporated into an overlapping generations model featuring endogenous fertility and altruism from workers towards their retired parents. The main nding is that a simultaneous increase in child and adult survival decreases fertility and increases savings and productivity growth. The analysis illustrates the key role of health in the demographic transition. |
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URI:
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http://hdl.handle.net/10398/7695
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Date:
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2008-12-15 |
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