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“Backslanted X” fertility dynamics and macroeconomics

Maoz, Yishay D.

Abstract A large number of pairs of countries exhibit a dynamic pattern in which: (1) Fertility in both countries declines across time; (2) initially, one country has a higher fertility and a lower per-capita income than the other; and (3) in time, as per-capita incomes converge, fertility rates in the poorer country become lower than in the richer one. This article documents the prevalence of such dynamics and offers a theoretical model in which these dynamics emerge endogenously. Assuming differences in the degree of utility substitution between consumption and rearing children across countries generates all three components of these dynamics.

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“Backslanted X” fertility dynamics and macroeconomics

Maoz, Yishay D.

Abstract A large number of pairs of countries exhibit a dynamic pattern in which: (1) Fertility in both countries declines across time; (2) initially, one country has a higher fertility and a lower per-capita income than the other; and (3) in time, as per-capita incomes converge, fertility rates in the poorer country become lower than in the richer one. This article documents the prevalence of such dynamics and offers a theoretical model in which these dynamics emerge endogenously. Assuming differences in the degree of utility substitution between consumption and rearing children across countries generates all three components of these dynamics.

“Backslanted X” fertility dynamics and macroeconomics

Maoz, Yishay D.

Abstract A large number of pairs of countries exhibit a dynamic pattern in which: (1) Fertility in both countries declines across time; (2) initially, one country has a higher fertility and a lower per-capita income than the other; and (3) in time, as per-capita incomes converge, fertility rates in the poorer country become lower than in the richer one. This article documents the prevalence of such dynamics and offers a theoretical model in which these dynamics emerge endogenously. Assuming differences in the degree of utility substitution between consumption and rearing children across countries generates all three components of these dynamics.

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Title:

“Backslanted X” fertility dynamics and macroeconomics

Contributors:

Maoz, Yishay D. (author)

Published in:

Journal of Population Economics ; 21

Publication date:

2007

ISSN:

DOI:

https://doi.org/10.1007/s00148-007-0138-7

Type of media:

Article (Journal)

Type of material:

Electronic Resource

Language:

English

Keywords:

Bevölkerungsökonomik , Zeitschrift , Online-Ressource , Bevölkerungsökonomie , Statistik , Bevölkerungsstatistik , Bevölkerungstheorie

Classification:

RVK: ELIB39 / ELIB45
Local classification FBW: oek 2608
BKL: 74.80 Demographie / 83.31$jWirtschaftswachstum / 74.80$jDemographie$XGeographie / 83.31 Wirtschaftswachstum

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