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• W2215043706 abstract "In a standard OLG model of a small open economy with logarithmic utility and endogenous fertility we show that the reversion of the relationship between fertility and wages (i.e. a transition from the Malthusian to the Modern fertility behaviour) may be possible in presence of intergenerational public transfers(i.e. public national debt or PAYG pensions). In fact, as known, the latter have been implemented mostly in the advanced Western Countries, where the fertility behavior reversion has mainly occurred. We show that such a reversion is more likely to occur in economies that are entailed with low interest rate, low costs for raising children and low degree of patience, and high preference for children." @default.
• W2215043706 created "2016-06-24" @default.
• W2215043706 creator A5021943575 @default.
• W2215043706 creator A5032507136 @default.
• W2215043706 date "2013-05-01" @default.
• W2215043706 modified "2023-09-23" @default.
• W2215043706 title "From Malthusian to modern fertility: when intergenerational transfers matter" @default.
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• W2215043706 hasPublicationYear "2013" @default.
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