Longer lives, fertility and accumulation
Mateos, X. (1998) Longer lives, fertility and accumulation. Southampton, UK, University of Southampton (Discussion Papers in Economics and Econometrics, 9822).
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Description/Abstract
This paper investigates the implications of an exogenous decline in mortality rates for capital accumulation and fertility in a neoclassical economy with dynastic preferences. The analysis shows that drops in mortality can explain the transition from a regime with high levels of fertility and low output per capita to a situation with low fertility and larger output per capita. The differential impact of mortality declines on different age-groups is shown to be very important in driving this result. A positive effect on per-capita output arises only if the reductions in mortality have a larger relative impact at young ages. The dynamic adjustment is consistent with the non-monotonic path of fertility over time observed over the demographic transition.
| Item Type: | Monograph (Discussion Paper) |
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| Related URLs: | |
| Subjects: | H Social Sciences > HT Communities. Classes. Races H Social Sciences > HB Economic Theory H Social Sciences > HA Statistics |
| Divisions: | University Structure - Pre August 2011 > School of Social Sciences > Economics |
| Item ID: | 33174 |
| Date Deposited: | 25 Jan 2008 |
| Last Modified: | 02 Mar 2012 13:49 |
| Contributors: | Mateos, X. (Author) |
| Date: | January 1998 |
| Status: | Unpublished |
| Publisher: | University of Southampton |
| URI: | http://eprints.soton.ac.uk/id/eprint/33174 |
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