Demographic-economic equilibria when the age at motherhood is endogenous

Hippolyte d'Albis, Emmanuelle Augeraud-Véron and Katheline Schubert

Journal of Mathematical Economics, 2010, vol. 46, issue 6, 1211-1221

Abstract: Abstract In this article, we study the joint dynamics of the demography and the economy. We explore how economic conditions affect fertility choices, and in return how the population growth rate affects both financial and labor markets. Our main contribution is to consider a realistic demographic setup that allows characterizing the age at which individuals decide to give birth to their children. In such a framework, we aim at studying the existence of an equilibrium. We notably prove there exists a monetary steady state if the average age of consumers is greater than the average age of producers.

Keywords: Demographic; economics; Fertility; choices; Monetary; equilibrium (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (28)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0304-4068(10)00097-2
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Demographic-economic equilibria when the age at motherhood is endogenous (2010)
Working Paper: Demographic-economic equilibria when the age at motherhood is endogenous (2010)
Working Paper: Demographic-economic equilibria when the age at motherhood is endogenous (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:46:y:2010:i:6:p:1211-1221

Access Statistics for this article

Journal of Mathematical Economics is currently edited by Atsushi (A.) Kajii

More articles in Journal of Mathematical Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().