Fertility, Volatility, and Growth

Aude Pommeret () and William T. Smith

Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) from Université de Lausanne, Faculté des HEC, DEEP

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)
New Economics Papers: this item is included in nep-dev
Date: 2004-05
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Related works:
Journal Article: Fertility, volatility, and growth (2005)
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