Tournemaine, Frederic and Tsoukis, Christopher (2008): Status, fertility, growth and the great transition.
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We develop an overlapping generation model to examine how the relationship between status concerns, fertility and education affect growth performances. Results are threefold. First, we show that stronger status motives heighten the desire of parents to have fewer but better educated children, which may foster economic development. Second, government should sometimes postpone the introduction of an economic policy in order to maintain the process of economic development, although such a policy aims to implement the social optimum. Third, status can alter the dynamic path of the economy and help to explain the facts about fertility during the "great transition".
|Item Type:||MPRA Paper|
|Original Title:||Status, fertility, growth and the great transition|
|Keywords:||social status, fertility, education, economic policy|
|Subjects:||O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O41 - One, Two, and Multisector Growth Models|
|Depositing User:||Frederic Tournemaine|
|Date Deposited:||14. May 2008 13:06|
|Last Modified:||12. Feb 2013 22:18|
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