Malthus revisited: Fertility decision making based on quasi-linear preferences

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  • Jacob Louis Weisdorf
Malthus' (1798) population hypothesis is inconsistent with the demographic transitions and the massive income expansion observed among industrialised countries. The current study shows that eliminating the income-effect on the demand for children from Malthus' theory makes consistent with industrial development.
Original languageEnglish
JournalEconomics Letters
Issue number1
Pages (from-to)127-130
Number of pages4
Publication statusPublished - 2008

ID: 5104941