Fertility, Volatility, and Growth

Aude Pommeret () and William T. Smith

Cahiers de Recherches Economiques du Département d'économie from Université de Lausanne, Faculté des HEC, Département d’économie

Abstract: Empirically, growth rates are negatively correlated with birth rates; they are also correlated with production risk. We argue that these stylized facts are related, and arise jointly from the decision of how many children to have in a risky economic environment.

Keywords: stochastic growth; fertility; volatility (search for similar items in EconPapers)
JEL-codes: D80 J13 O41 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2004-05
New Economics Papers: this item is included in nep-dev
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http://www.hec.unil.ch/deep/textes/04.08.pdf (application/pdf)

Related works:
Journal Article: Fertility, volatility, and growth (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:lau:crdeep:04.08

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