Journal article
Macro-effects of changes in household preferences for children
Abstract
The basic ideas underlying the analysis in this paper are that family size can be viewed as an economic life cycle decision and that there are decision trade-offs among fertility, consumption, and leisure. A micromodel of life cycle choice is developed and embedded in an economic-demographic macromodel. The macromodel is then used in a series of computer experiments to assess the effects on the population and the economy of changes in household …
Authors
Denton FT; Spencer BG
Journal
Journal of Population Economics, Vol. 2, No. 3, pp. 165–188
Publisher
Springer Nature
Publication Date
11 1989
DOI
10.1007/bf00177322
ISSN
0933-1433