haku: @author Yip, C. / yhteensä: 4
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Tekijä:Wang, P.
Yip, C.
Scotese, C.
Otsikko:Fertility choice and economic growth: theory and evidence
Lehti:Review of Economics and Statistics
1994 : MAY, VOL. 76:2, p. 255-266
Asiasana:ECONOMICS
ECONOMIC GROWTH
STATISTICS
Kieli:eng
Tiivistelmä:This paper examines a growth model with endogenous consumption, labor-leisure, and fertility. A fertility choice variable capturing both the quality and quantity of the family size enters the utility function positivity, but it also generates time costs. Theoretical comparative dynamic results are derived for changes in exogenous production and utility parameters. Employing post-World War II United States data, the authors estimated the model using a structural VAR with imposed long-run restrictions based on the theoretical predictions.
SCIMA tietueen numero: 116633
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