[Home ] [Archive]   [ فارسی ]  
:: Main :: About :: Archive :: Search :: Submit :: Contact ::
Main Menu
Home::
Journal Information::
Articles archive::
For Authors::
For Reviewers::
Registration::
Contact us::
Site Facilities::
Webmail::
::
Search in website

Advanced Search
..
Receive site information
Enter your Email in the following box to receive the site news and information.
..
:: Volume 1, Issue 2 (3-2011) ::
2011, 1(2): 87-114 Back to browse issues page
Modeling of Uncertainty, Indigenizing Infant Mortality and Economic Growth Model
Samad Ahangar , Saeedeh Rahimi
Abstract:   (13188 Views)
This paper focuses on the role of uncertainty about the number of surviving children. The survey discusses the effects of declining mortality rates on fertility, education and economic growth. The construction of the paper is an OLG model in which individuals make choices about fertility decision over their lifetimes subject to uncertainty about the immortality. The simulation of model using actual changes reveals the fact that if the uncertainty about child survival enters to growth model, the population becomes an inverted u-shaped function of income per capita. As the mortality rate and thus uncertainty falls, the precautionary demand for children decreases. Furthermore, lower mortality encourages investment in children’s education .Also the calibrated version of the model using realistic estimates demonstrates that at low levels of income, population growth rises leading to Malthusian steady-state equilibrium, whereas at high levels of income population growth declines leading to a sustained growth steady-state equilibrium.
Keywords: Economic Growth Model, Fertility, Education, Population Growth
     
Type of Study: Applicable | Subject: رشد و توسعه و سیاست های کلان
Received: 2010/08/17 | Accepted: 2011/07/18 | Published: 2011/03/15
Send email to the article author

Add your comments about this article
Your username or Email:

CAPTCHA


XML   Persian Abstract   Print


Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:

ahangar S, Rahimi S. Modeling of Uncertainty, Indigenizing Infant Mortality and Economic Growth Model. Journal title 2011; 1 (2) :87-114
URL: http://jfm.khu.ac.ir/article-1-60-en.html


Rights and permissions
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Volume 1, Issue 2 (3-2011) Back to browse issues page
فصلنامه تحقیقات مدلسازی اقتصادی Journal of Economic Modeling Research
Persian site map - English site map - Created in 0.12 seconds with 37 queries by YEKTAWEB 4645