Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062562 | Economics Letters | 2007 | 7 Pages |
Abstract
This paper develops an overlapping generations model that incorporates occupational (educational) choices and fertility decisions. We explain the fertility decline as the result of the popularization of higher education in association with capital accumulation. This model also exhibits the possibility of multiple equilibria.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Masako Kimura, Daishin Yasui,