Fertility, volatility, and growth
Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › peer-review
|Journal / Publication||Economics Letters|
|Publication status||Published - Jun 2005|
|Link to Scopus||https://www.scopus.com/record/display.uri?eid=2-s2.0-18744366651&origin=recordpage|
Empirically, growth rates are negatively correlated with birth rates; they are also correlated with production risk. We argue that these stylized facts are related and arise jointly from the decision of how many children to have in a risky environment. © 2005 Elsevier B.V. All rights reserved.
- Fertility, Stochastic growth, Volatility