Mortality, Fertility, and Saving in a Malthusian Economy

Boldrin, Michele; Jones, Larry Eugene

doi:10.1006/redy.2002.0186

Cited by 171 publications

(173 citation statements)

References 27 publications

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“…During the first stages of the Industrial Revolution, literacy was largely a cultural skill or a hierarchical symbol and had limited demand in the production process. 34 For instance, in 1841 only 4.9% of male workers and only 2.2% of female workers were in occupations in which literacy was strictly required (Mitch 1992, pp. 14-15).…”

Section: A the Industrial Base For Education Reforms In The 19th Cenmentioning

confidence: 99%

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From Stagnation to Growth: Unified Growth Theory

2005

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Abstract This chapter examines the process of development from an epoch of Malthusian stagnation to a state of sustained economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per capita, technology, and population over the course of human history. Deciphering the underlying forces that triggered the transition from stagnation to growth and the associated phenomenon of the great divergence in income per capita across countries has been widely viewed as one of the most significant challenges facing researchers in the field of growth and development. The inconsistency of non-unified growth models with the main characteristics of the process of development across most of human history induced growth theorists to advance an alternative theory that captures in a single unified framework the epoch of Malthusian stagnation, the modern era of sustained economic growth, and the recent transition between these distinct regimes. Unified growth theory reveals the underlying micro foundations that are consistent with the growth process over the entire history of the human species, enhancing the confidence in the viability of the theory, its predictions and policy implications for the growth process of less developed economies. Terms of use: Documents in

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Section: A the Industrial Base For Education Reforms In The 19th Cenmentioning

confidence: 99%

“…As noted by Sanderson 1995, pp. 10-13), "reading ...enabled the efficient functioning of an urban industrial society laced with letter writing, drawing up wills, apprenticeship indentures, passing bills of exchange, and notice and 34 See Mokyr (1993Mokyr ( , 2001). 35 Some have argued that the low skill requirements even declined over this period.…”

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confidence: 99%

From Stagnation to Growth: Unified Growth Theory

2005

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“…11 This child cost structure is similar to that adopted, amongst many others, by Wigger (1999) and Boldrin and Jones (2002) and may be considered as a proxy of the time cost of children.…”

Section: The Modelmentioning

confidence: 91%

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

Fanti

Gori

2013

J Popul Econ

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We examine the effects of child policies on both the transitional dynamics and longrun demo-economic outcomes in the conventional overlapping generations model of neoclassical growth extended with endogenous longevity and endogenous fertility. The government invests in public health (Chakraborty, 2004) and the individual survival probability at the end of youth depends on health expenditure through an S-shaped longevity function. This may give rise to four steady states and, hence, development traps are possible. However, poverty or prosperity may not depend on initial conditions, while being the result of a child policy design. In particular, a child tax can be used to effectively allow those economies that were entrapped into poverty to prosper irrespective of where they start from.

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“…Barro and Becker (1989) and Boldrin and Jones (2002) have devised theoretical models relating pension system characteristics to fertility. On the empirical side, using crosssectional and panel data, Boldrin et al (2005) have found that an increase in the pension system size can account for a drop in total fertility rates of between 0.7 and 1.6 children.…”

Section: Model 14mentioning

confidence: 99%

Political Preferences and the Aging of Populations

Pamp¹

2015

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Mortality, Fertility, and Saving in a Malthusian Economy

Cited by 171 publications

References 27 publications

From Stagnation to Growth: Unified Growth Theory

From Stagnation to Growth: Unified Growth Theory

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

Political Preferences and the Aging of Populations

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