Interiority of the Optimal Population Growth Rate with Endogenous Fertility
No 96, Working Papers in Economics from Universitat de Barcelona. Espai de Recerca en Economia
This paper analyzes the issue of the interiority of the optimal population growth rate in a two-period overlapping generations model with endogenous fertility. Using Cobb-Douglas utility and production functions, we show that the introduction of a cost of raising children allows for the possibility of the existence of an interior global maximum in the planners problem, contrary to the exogenous fertility case.
JEL-codes: J18 (search for similar items in EconPapers)
Pages: 27 pages
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Journal Article: Interiority of the optimal population growth rate with endogenous fertility (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:bar:bedcje:200396
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