Malthus revisited: Fertility decision making based on quasi-linear preferences
Economics Letters, 2008, vol. 99, issue 1, 127-130
Malthus' (1798) population hypothesis is inconsistent with the demographic transitions and the massive income expansion observed among industrialised countries. The current study shows that eliminating the income-effect on the demand for children from Malthus' theory makes consistent with industrial development.
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Working Paper: Malthus Revisited: Fertility Decision Making based on Quasi-Linear Preferences (2007)
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