Fertility, volatility, and growth

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 environment.

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Bibliographic Details
Published inEconomics letters Vol. 87; no. 3; pp. 347 - 353
Main Authors Pommeret, Aude, Smith, William T.
Format Journal Article
LanguageEnglish
Published Elsevier B.V 01.06.2005
Elsevier
SeriesEconomics Letters
Subjects
Birth rate
Correlation
Economic growth
Fertility
Mathematical methods
Modelling
Production
Risk
Stochastic growth
Technology
Volatility
Stochastic growth
Fertility
Volatility
D80
J13
O41
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Summary: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 environment.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:0165-1765
1873-7374
DOI:10.1016/j.econlet.2005.01.002