Endogenous Fertility and Development Traps with Endogenous Lifetime

Economics Research International ◽

10.1155/2011/726756 ◽

2011 ◽

Vol 2011 ◽

pp. 1-4

Author(s):

Luciano Fanti ◽

Luca Gori

Keyword(s):

Economic Growth ◽

Decision Variable ◽

Endogenous Fertility ◽

Economic Decision ◽

Endogenous Lifetime ◽

Costs Of Children

We extend the literature on endogenous lifetime and economic growth by Chakraborty (2004) and Bunzel and Qiao (2005) to endogenous fertility. We show that development traps due to underinvestments in health cannot appear when fertility is an economic decision variable and the costs of children are represented by a constant fraction of the parents' income used for their upbringing.

Download Full-text

Endogenous fertility, endogenous lifetime and economic growth: the role of child policies

Journal of Population Economics ◽

10.1007/s00148-013-0472-x ◽

2013 ◽

Vol 27 (2) ◽

pp. 529-564 ◽

Cited By ~ 19

Author(s):

Luciano Fanti ◽

Luca Gori

Keyword(s):

Economic Growth ◽

Endogenous Fertility ◽

Endogenous Lifetime

Download Full-text

FISCAL PESSIMISM IN HISTORICAL PERSPECTIVE: TOCQUEVILLE'S CROSS REVISITED

Revista de Historia Económica / Journal of Iberian and Latin American Economic History ◽

10.1017/s0212610921000094 ◽

2021 ◽

pp. 1-21

Author(s):

Isabel Cepeda ◽

Pedro Fraile Balbín

Keyword(s):

Economic Growth ◽

Decision Making ◽

Political Economy ◽

Historical Perspective ◽

Income Redistribution ◽

Government Control ◽

Economic Decision ◽

Modern School ◽

Economic Decision Making ◽

The Future

ABSTRACT This paper explores Alexis de Tocqueville's thought on fiscal political economy as a forerunner of the modern school of preference falsification and rational irrationality in economic decision making. A good part of the literature has misrepresented Tocqueville as an unconditional optimist regarding the future of fiscal moderation under democracy. Yet, although he initially shared the cautious optimism of most classical economists with respect to taxes under extended suffrage, Tocqueville's view turned more pessimistic in the second volume of his Democracy in America. Universal enfranchisement and democratic governments would lead to higher taxes, more intense income redistribution and government control. Under democracy, the continuous search for unconditional equality would eventually jeopardise liberty and economic growth.

Download Full-text