Fertility, Education, Growth, and Sustainability

Fertility, Education, Growth, and Sustainability

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Description

Fertility choices depend not only on the surrounding culture but also on economic incentives, which have important consequences for inequality, education and sustainability. This book outlines parallels between demographic development and economic outcomes, explaining how fertility, growth and inequality are related. It provides a set of general equilibrium models where households choose their number of children, analysed in four domains. First, inequality is particularly damaging for growth as human capital is kept low by the mass of grown-up children stemming from poor families. Second, the cost of education can be an important determining factor on fertility. Third, fertility is sometimes viewed as a strategic variable in the power struggle between different cultural, ethnic and religious groups. Finally, fertility might be affected by policies targeted at other objectives. Incorporating new findings with the discussion of education policy and sustainability, this book is a significant addition to the literature on growth.show more

Product details

  • Electronic book text
  • CAMBRIDGE UNIVERSITY PRESS
  • Cambridge University Press (Virtual Publishing)
  • Cambridge, United Kingdom
  • 45 b/w illus.
  • 1139848399
  • 9781139848398

About David de La Croix

David de la Croix is Professor of Economics and a member of both IRES and CORE at the Universite catholique de Louvain, Belgium. He is associate editor for the Journal of Economic Dynamics and Control, the Journal of Development Economics and the Journal of Public Economic Theory. His research interests cover growth theory, human capital, demographics and overlapping generations.show more

Table of contents

Introduction; Part I. Differential Fertility: 1. Benchmark model; 2. Implications for the growth-inequality relationship; 3. Understanding the forerunners in fertility decline; Part II. Education Policy: 4. Education policy: private versus public schools; 5. Education politics and democracy; 6. Empirical evidence; Part III. Sustainability: 7. Environmental collapse and population dynamics; 8. Production, reproduction, and pollution caps; 9. Population policy; 10. Conclusion: endogenous fertility matters.show more

Review quote

'... presents parallels between demographic development and economic outcomes, explaining how fertility, growth, and inequality are related.' Journal of Economic Literatureshow more