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. © 2007 Elsevier B.V. All rights reserved.
Malthus revisited: Fertility decision making based on quasi-linear preferences / Weisdorf, J. L.. - In: ECONOMICS LETTERS. - ISSN 0165-1765. - 99:1(2008), pp. 127-130. [10.1016/j.econlet.2007.06.010]
Malthus revisited: Fertility decision making based on quasi-linear preferences
Weisdorf J. L.
2008
Abstract
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. © 2007 Elsevier B.V. All rights reserved.File allegati a questo prodotto
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