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
1. Verfasser: Soares, Rodrigo R.
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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.
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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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