EconPapers    
Economics at your fingertips  
 

Development, fertility and childbearing age: A Unified Growth Theory

Hippolyte d'Albis (), Angela Greulich and Gregory Ponthiere ()
Additional contact information
Angela Greulich: CES - Centre d'économie de la Sorbonne - UP1 - Université Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, INED - Institut national d'études démographiques

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: During the last century, fertility has exhibited, in industrialized economies, two distinct trends: the cohort total fertility rate follows a decreasing pattern, while the cohort average age at motherhood exhibits a U-shaped pattern. This paper proposes a Unified Growth Theory aimed at rationalizing those two demographic stylized facts. We develop a three-period OLG model with two periods of fertility, and show how a traditional economy, where individuals do not invest in education, and where income rises push towards advancing births, can progressively converge towards a modern economy, where individuals invest in education, and where income rises encourage postponing births. Our findings are illustrated numerically by replicating the dynamics of the quantum and the tempo of births for cohorts 1906–1975 of the Human Fertility Database.

Keywords: Fertility; Childbearing age; Births postponement; Human capital; Regime shift (search for similar items in EconPapers)
Date: 2018-09
Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-01883583
References: Add references at CitEc
Citations: Track citations by RSS feed

Published in Journal of Economic Theory, Elsevier, 2018, 177, pp.461 - 494. ⟨10.1016/j.jet.2018.07.004⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Development, fertility and childbearing age: A Unified Growth Theory (2018) Downloads
Working Paper: Development, Fertility and Childbearing Age: A Unified Growth Theory (2018) Downloads
Working Paper: Development, fertility and childbearing age: A unified growth theory (2017) Downloads
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:hal:cesptp:halshs-01883583

Access Statistics for this paper

More papers in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2019-08-13
Handle: RePEc:hal:cesptp:halshs-01883583