Mortality Reductions, Educational Attainment, and Fertility Choice
This paper develops a model where reductions in mortality are the main force behind economic development. The model generates a pattern of changes similar to the demographic transition, where gains in life expectancy at birth are followed by reductions infertility and increases in the rate of human...
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Veröffentlicht in: | The American economic review 2005-06, Vol.95 (3), p.580-601 |
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description | This paper develops a model where reductions in mortality are the main force behind economic development. The model generates a pattern of changes similar to the demographic transition, where gains in life expectancy at birth are followed by reductions infertility and increases in the rate of human capital accumulation. The onset of the transition is characterized by a critical level of life expectancy at birth, which marks the movement of the economy from a Malthusian equilibrium to an equilibrium with investments in human capital and the possibility of long-run growth. |
doi_str_mv | 10.1257/0002828054201486 |
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The model generates a pattern of changes similar to the demographic transition, where gains in life expectancy at birth are followed by reductions infertility and increases in the rate of human capital accumulation. The onset of the transition is characterized by a critical level of life expectancy at birth, which marks the movement of the economy from a Malthusian equilibrium to an equilibrium with investments in human capital and the possibility of long-run growth.</description><subject>Adult education</subject><subject>Adults</subject><subject>Birth rate</subject><subject>Capital investments</subject><subject>Child</subject><subject>Child growth</subject><subject>Child Mortality</subject><subject>Children</subject><subject>Development studies</subject><subject>Economic Development</subject><subject>Economic growth</subject><subject>Economic models</subject><subject>Economic theory</subject><subject>Education</subject><subject>Educational attainment</subject><subject>Educational Status</subject><subject>Fertility</subject><subject>Forecasting</subject><subject>Health technology assessment</subject><subject>Human capital</subject><subject>Humans</subject><subject>Impact analysis</subject><subject>Life Expectancy</subject><subject>Longevity</subject><subject>Models, Theoretical</subject><subject>Mortality</subject><subject>Mortality - 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source | MEDLINE; EBSCOhost Business Source Complete; JSTOR Archive Collection A-Z Listing; American Economic Association |
subjects | Adult education Adults Birth rate Capital investments Child Child growth Child Mortality Children Development studies Economic Development Economic growth Economic models Economic theory Education Educational attainment Educational Status Fertility Forecasting Health technology assessment Human capital Humans Impact analysis Life Expectancy Longevity Models, Theoretical Mortality Mortality - trends Population Dynamics Population economics Social conditions & trends Social economics Studies |
title | Mortality Reductions, Educational Attainment, and Fertility Choice |
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