Malthus Revisited: Fertility Decision Making Based on Quasi-Linear Preferences

Weisdorf, Jacob Louis

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Malthus Revisited: Fertility Decision Making Based on Quasi-Linear Preferences

Economics Letters, Forthcoming

6 Pages Posted: 3 Oct 2007

See all articles by Jacob Louis Weisdorf

Jacob Louis Weisdorf

University of Copenhagen - Department of Economics

Abstract

Malthus' (1798) population hypothesis is inconsistent with the demographic transition and the concurrent massive expansion of incomes observed among industrialised countries. This study shows that eliminating the income-effect on the demand for children from the Malthusian model makes it harmonise well with industrial development.

Keywords: Demographic Transition, Fertility, Malthus

JEL Classification: J13, N30, O10

Suggested Citation: Suggested Citation

Weisdorf, Jacob Louis, Malthus Revisited: Fertility Decision Making Based on Quasi-Linear Preferences. Economics Letters, Forthcoming, Available at SSRN: https://ssrn.com/abstract=1018173