Abstract:
In an overlapping generations model where the production requires two essential inputs, one of which is non-renewable, say oil, but could be replaced by an everlasting substitute, say solare (the backstop), capital accumulation and fertility decisions emerged from the optimizing behavior of economic agents are examined.
Keywords:FERTILITY; GROWTH RATE; ECONOMIC MODELS (search for similar items in EconPapers) JEL-codes:J13 (search for similar items in EconPapers) Date: 1996
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