Fertility in the absence of self-control

Bertrand Wigniolle

Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne

Abstract: This paper studies the quantity-quality trade-off model of fertility, under the assumption of hyperbolic discounting. It shows that the lack of self-control may play a different role in a developed economy and in a developing one. In the first case characterized by a positive investment in quality, the lack of self control tends to reduce fertility. In the second case, it is possible that the lack of self-control leads both to no investment in quality and to a higher fertility rate. It is also proved that if parents cannot commit on their investment in quality, a small change of parameters may lead to a jump in fertility

Keywords: Endogenous fertility; quasi-hyperbolic preferences (search for similar items in EconPapers)
JEL-codes: D91 J13 O12 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2008-03
New Economics Papers: this item is included in nep-dev
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
ftp://mse.univ-paris1.fr/pub/mse/CES2008/V08068.pdf (application/pdf)

Related works:
Journal Article: Fertility in the absence of self-control (2013)
Working Paper: Fertility in the absence of self-control (2013)
Working Paper: Fertility in the absence of self-control (2013)
Working Paper: Fertility in the absence of self-control (2013)
Working Paper: Fertility in the absence of self-control (2011)
Working Paper: Fertility in the absence of self-control (2011)
Working Paper: Fertility in the absence of self-control (2011)
Working Paper: Fertility in the absence of self-control (2008)
Working Paper: Fertility in the absence of self-control (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:mse:cesdoc:v08068

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