| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059702 | Economics Letters | 2012 | 5 Pages |
Abstract
⺠An OLG closed economy with endogenous fertility is analysed. ⺠We study how capital accumulation and fertility react to a child allowance policy. ⺠Multiple equilibria are shown to exist depending on the size of the child allowance. ⺠Fertility can either be of the Malthusian or Modern type in the long run. ⺠The effect of the child policy on long-run fertility is ambiguous.
Related Topics
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Economics and Econometrics
Authors
Luciano Fanti, Luca Gori,