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• W2065875191 abstract "A mathematical model is established whereby optimal accumulation paths of population and the economy can be figured when the basic feature of population dynamics, age dependence, is taken into account. This model series links 2 previously separate disciplines and literatures - i.e., formal policy dealing with the dynamics of age and time. An integral-equation control theory is utilized. Recognition of age structure in analyzing fertility trends is important at both macro- and microeconomic levels. The present model was constructed by embedding an age-disaggregated population in a simple economic growth model where the fertility level and rate of savings can both be influenced by government policy. Such policy should balance the lifetime value of births and capital against the social costs necessary to create them. One the problem has been defined and a dynamic theory developed, optimum static theories can be establihsed where the variables are held constant over time." @default.
• W2065875191 created "2016-06-24" @default.
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• W2065875191 date "1977-02-01" @default.
• W2065875191 modified "2023-09-25" @default.
• W2065875191 title "Optimal Time Paths with Age-Dependence: A Theory of Population Policy" @default.
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• W2065875191 doi "https://doi.org/10.2307/2296976" @default.
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