Population Economics

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Overview

From Malthus to Becker, the economic approach to population growth and its interactions with the surrounding economic environment has undergone a major transformation.

Population Economics elucidates the theory behind this shift and the consequences for economic policy.Razin and Sadka systematically examine the microeconomic implications of people's decisions about how many children to have and how to provide for them on population trends and social issues of population policy. The authors analyze how these decisions affect labor supply, consumption,savings and bequests, investments in human capital, and economic growth, along with related new issues such as migration and income redistribution across generations, in an integrated microeconomic framework.Population Economics is a thoroughly modern treatment of population economics as a field in public economics. It integrates and extends Marc Nerlove's Household andEconomy: Welfare Economics of Endogenous Fertility, as well as work written jointly with colleagues that has appeared in various journals and other publications.

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Editorial Reviews

Booknews
A modern treatment of population economics as a field in public economics. The authors systematically examine the microeconomic implications of people's decisions about how many children to have and how to provide for them on population trends and social issues of population policy. They analyze how these decisions affect labor supply, consumption, savings and bequests, investments in human capital, and economic growth, along with related new issues such as migration and income redistribution across generations. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9780262517225
  • Publisher: MIT Press
  • Publication date: 2/2/1995
  • Edition description: New Edition
  • Pages: 285
  • Product dimensions: 6.20 (w) x 9.10 (h) x 0.90 (d)

Meet the Author

Assaf Razin is Mario Henrique Simonsen Professor of Public Economics at Tel Aviv University and Friedman Professor of International Economics at Cornell University. He is also a Research Associate at NBER, a Research Fellow at CEPR, and a Research Fellow at CESifo.

Efraim Sadka is Henry Kaufman Professor of International Capital Markets at Tel Aviv University and a Research Fellow at CESifo.

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Table of Contents

Preface
1 Introduction 1
2 Population Dynamics: Summary Indicators 5
I The Microeconomics of Fertility and Child Quality
3 Number and Quality of Children 13
4 Children as a Capital Good 23
II Ethical Considerations
5 Social Evaluation of Population Size 37
III Externalities and Corrective Population Policies
6 Malthus's Hypothesis 75
7 Bequests as a Public Good within Marriage 81
8 Bequests and Child Education: Full Information 87
9 Bequests and Child Education: Imperfect Information 103
IV Income Distribution and Social Security
10 The Intergenerational Role of Social Security 115
11 Intragenerational Income Distribution Policies 135
12 Inter- and Intragenerational Distribution: The Extended Role of Social Security 147
V Growth and Development
13 Engines of Growth 167
14 Development and Population: A Survey 183
VI Migration and Trade
15 Empirical Regularities and Trends 201
16 Factor and Goods Mobility and International Migration 215
17 Normative Issues of International Migration 233
Notes 245
References 251
Index 261
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