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A CONTRIBUTION TO THE THEORY OF FERTILITY AND ECONOMIC DEVELOPMENT

机译:对生育和经济发展理论的贡献

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摘要

The aim of this research is to build on a theory for explaining economic development in a (neoclassical) growth model with endogenous fertility. The economy is inhabited by overlapping generations of rational and identical individuals and identical competitive firms producing with a constant-returns-to-scale technology and no externalities. From a theoretical perspective, the distinguishing feature of this work is that endogenous fertility per se explains the existence of low- and high-development regimes. It provides different reasons (history driven or expectations driven) why some countries enter development trajectories with high GDP and low fertility and others experience underperformances with low GDP and high fertility. The model is also capable to reproduce fertility fluctuations and explain the baby busts and baby booms observed in the last century in some developed countries.
机译:本研究的目的是建立在具有内源生育率的(新古典主义)生长模型中解释经济发展的理论。 经济通过重叠几代理性和相同的个人和相同的竞争力,与恒定返回的技术和没有外部性产生的相同竞争力公司。 从理论的角度来看,这项工作的显着特征是,本身的内源性生育能力解释了低发展制度的存在。 它提供了不同的原因(历史推动或预期驱动)为什么有些国家进入高GDP和低生育能力的开发轨迹,其他国家和其他国家的表现不佳,具有低GDP和高肥能力。 该模型还能够再现生育波动,并解释在一些发达国家的上个世纪在上个世纪观察到的婴儿半身像和婴儿繁荣。

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