Fertility, volatility, and growth
Abstract
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.
Publication Title
Economics Letters
Recommended Citation
Pommeret, A., & Smith, W. (2005). Fertility, volatility, and growth. Economics Letters, 87 (3), 347-353. https://doi.org/10.1016/j.econlet.2005.01.002
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