Microeconomics of Declining Birthrate: Review of Existing Literature

Reiko Aoki, 玲子 青木 and レイコ アオキ

No 228, Discussion Paper from Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University

Abstract: This paper explores the implications of declining population on the economy. A simple model with household childbearing decision with macro-micro feedback rule is introduced to argue that population cannot continue to decrease forever. Then we review the innovation and growth literature to understand the possible implications.

Pages: 22 pages
Date: 2004-10
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Citations: View citations in EconPapers (1)

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https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/14289/pie_dp228.pdf

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Persistent link: https://EconPapers.repec.org/RePEc:hit:piedp1:228

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