Endogenous childcare costs in R&D based model

Yusuke Miyake

MPRA Paper from University Library of Munich, Germany

Abstract: In an AI society, ICT is being introduced in all sectors. This trend is expected to significantly impact an aging society with a declining birthrate, which is expected to accelerate in the future. The development of medical care and improvements in diet will promote longer life expectancy, while the spread of online services will promote more efficient labor, and the development of home appliances will greatly reduce the burden of housework and childcare. In this paper, we analyze how the increase in longevity and disposable time of households in an AI society will affect the decline in fertility based on an R&D model.

Keywords: Endogenous; Childcare; cost; -; Endogenous; lifetime; -; Two-sector; growth; model (search for similar items in EconPapers)
JEL-codes: J11 J22 O41 (search for similar items in EconPapers)
Date: 2022-03-22
New Economics Papers: this item is included in nep-ict and nep-ore
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:112489

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