Malthus revisited: Fertility decision making based on quasi-linear preferences
Research output: Contribution to journal › Journal article › Research › peer-review
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.
|Number of pages||4|
|Publication status||Published - 2008|
- Faculty of Social Sciences - demographic transition