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Title: Status, fertility, growth and the great transition
Authors: Tournemaine, F. 
Tsoukis, C. 
Keywords: economic policy;education;fertility;Social status
Issue Date: 2010
Publisher: Scopus
University of the Thai Chamber of Commerce
Source: F. Tournemaine, C. Tsoukis (2010) Status, fertility, growth and the great transition. Singapore Economic Review Vol.55 No.3, 553-574.
Abstract: We develop an overlapping generation model to examine how the relationship between status concerns, fertility and education affect growth performances. Results are threefold. First, we show that stronger status motives heighten the desire of parents to have fewer but better educated children, which may foster economic development. Second, the government should sometimes postpone the introduction of an economic policy in order to maintain the process of economic development, although such apolicy aims to implement the social optimum. Third, status can alter the dynamic path of the economy and help to explain the facts about fertility during the great transition.
Rights: This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.
Appears in Collections:RSO: Journal Articles

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