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Household and Economy

Welfare Economics of Endogenous Fertility

Bibliographic Data

ID9723685
AuthorsMalcolm Clarke (0000-0002-4345-3347), Marc Nerlove, Assaf Razin (0000-0003-4749-5509), Efraim Sadka
Year1989
Volume56
Issue221
Pages134
Publication date1989-02-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueEconomica (JOURNAL)
Journal identifiersISSN: 0013-0427 • E-ISSN: 1468-0335
PublisherJSTOR (PUBLISHER)
DOI10.2307/2554510
OpenAlexW2086907030
LanguageEN
Citations received5

This book is about socially optimal population size and the social consequences of individual choice with respect to family size within each generation; it examines the general equilibrium implications of endogenous fertility for a number of issues of population policy. Subject to whatever economic opportunities and constraints they face parents are assumed to maximize their own utility functions in making choices with respect to numbers of children and investments in them. Chapter 1 sets the context of the investigation; Chapters 2 and 3 review the basic principles of welfare economics and the economics of externalities; chapters 4 and 5 summarize the traditional theory of household behavior and its modification to cover parental decisions with respect to fertility and investments in children; chapter 6 discusses optimal population size according to various social welfare criteria; chapters 7 and 8 turn to real and potential externalities generated by the endogeneity of fertility; and chapter 9 explores the principal alternative reason for having children thought to be important in developing countries. The implications of endogenous fertility for within generation income distribution policies are explored. Overall this book should be useful in courses on welfare economics at the undergraduate level and more widely among other social social scientists concerned with population problems who have the equivalent technical background

Economics · Fertility · Market economy · Population · Sociology · Welfare · Gender, Labor, and Family Dynamics

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    Open Access•Berthold U Wigger•Journal of Population Economics•1999

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  • The notion of population economics

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Unique citing works5
Citations per year0,13
Citation span1988 - 2020 (33)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1
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