Backslanted 'X' Fertility Dynamics and Macroeconomics

21 Pages Posted: 17 Feb 2006

See all articles by Yishay Maoz

Yishay Maoz

The Open University of Israel - Department of Management and Economics

Abstract

A large number of pairs of countries exhibit a dynamic pattern in which: (i) Fertility in both countries declines across time; (ii) Initially one country has higher fertility and lower per-capita income compared to the other; (iii) In time, as per-capita income converges, fertility rates in the poorer country become lower than in the richer one.

This paper provides statistics on the prevalence of such dynamics and a theoretical model in which these dynamics emerge endogenously. Assuming that countries differ in the degree of utility substitution between consumption and rearing children is sufficient to generate all three components of these dynamics.

JEL Classification: J11, J13, O40

Suggested Citation

Maoz, Yishay, Backslanted 'X' Fertility Dynamics and Macroeconomics. Available at SSRN: https://ssrn.com/abstract=883065 or http://dx.doi.org/10.2139/ssrn.883065

Yishay Maoz (Contact Author)

The Open University of Israel - Department of Management and Economics ( email )

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