Fertility and Wage Rates in an Overlapping-Generations Model
Jie Zhang () and
Canadian Journal of Economics, 1997, vol. 30, issue 1, 224-34
Two conflicting conclusions exist about the relationship between fertility and wage rates in steady-state equilibria in the literature. While Malthus and others predict a positive relation, R. J. Barro and G. S. Becker find a negative relation. Using several specifications of utility functions, this paper shows that whether bequests are operative or nonoperative plays a critical role in determining the relation. Specifically, it is shown that fertility and wage rates are negatively related when bequests are operative and, given some plausible restrictions, they are positively related when bequests are nonoperative.
References: Add references at CitEc
Citations: View citations in EconPapers (7) Track citations by RSS feed
Downloads: (external link)
http://links.jstor.org/sici?sici=0008-4085%2819970 ... AWRIA%3E2.0.CO%3B2-5 (text/html)
only available to JSTOR subscribers
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cje:issued:v:30:y:1997:i:1:p:224-34
Ordering information: This journal article can be ordered from
Access Statistics for this article
Canadian Journal of Economics is currently edited by Katherine Cuff
More articles in Canadian Journal of Economics from Canadian Economics Association Canadian Economics Association Prof. Werrner Antweiler, Treasurer UBC Sauder School of Business 2053 Main Mall Vancouver, BC, V6T 1Z2. Contact information at EDIRC.
Bibliographic data for series maintained by Prof. Werner Antweiler ().