| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP6512
|
| DP6512 Does Tax Competition Tame the Leviathan? |
| Marius Brülhart; Mario Jametti
|
| 发表日期 | 2007-10-05
|
| 出版年 | 2007
|
| 语种 | 英语
|
| 摘要 | We propose a new theory of the demographic transition based on the evidence that body development during childhood is an important predictor of adult life expectancy. Fertility, childhood development, longevity, education and income growth all result from individual decisions. Parents face a trade-off between the number of children they have and the spending they can afford on each of them in childhood. These childhood development spending will determine children longevity when adults. It is in this sense that we refer to Wordsworth?s aphorism that "The Child is Father of the Man." Parents face a second trade-off in allocating their time between increasing their own human capital and rearing children. The model displays different regimes. In a Malthusian regime with no education fertility increases with adult life expectancy. In the modern growth regime, life expectancy and fertility move in opposite directions. The dynamics display the key features of the demographic transition, including the hump in both population growth and fertility, and replicate the observed rise in educational attainment, adult life expectancy and economic growth. Consistent with the empirical evidence, a distinctive implication of our theory is that improvements in childhood development precede the increase in education. |
| 主题 | International Macroeconomics
|
| 关键词 | Fertility
Height
Human capital
Life expectancy
Mortality.
|
| URL | https://cepr.org/publications/dp6512
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535350
|
推荐引用方式
GB/T 7714 |
Marius Brülhart,Mario Jametti. DP6512 Does Tax Competition Tame the Leviathan?. 2007.
|
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
