Malthus Revisited: Fertility Decision Making based on Quasi-Linear Preferences

Jacob Louis Weisdorf

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Abstract

Malthus' (1798) population hypothesis is inconsistent with the demographic transition and the concurrent massive expansion of incomes observed among industrialised countries. This study shows that eliminating the income-effect on the demand for children from the Malthusian model makes it harmonise well with industrial development
Original languageEnglish
Place of PublicationCph.
PublisherDepartment of Economics, University of Copenhagen
Number of pages6
Publication statusPublished - 2007

Keywords

  • Faculty of Social Sciences
  • demographic transition
  • fertility
  • Malthus

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