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Complex demoeconomics dynamics.

Authors :
Day RH
Kim KH
Macunovich D
Source :
Journal of population economics [J Popul Econ] 1989 Sep; Vol. 2 (2), pp. 139-59.
Publication Year :
1989

Abstract

The authors show how various kinds of qualitative long run demoeconomic behavior depend on household preferences, productivity, and the cost of childbearing. In particular, a dominant trend in growth can be interspersed with periods of fluctuation as slowly moving changes in productivity, preference, and child care costs push nonlinearities past crucial bifurcation points. Moreover, nonperiodic, essentially unpredictable demoeconomic behavior is robust, thus suggesting a possible explanation for persistent and substantial errors in population forecasts.

Details

Language :
English
ISSN :
0933-1433
Volume :
2
Issue :
2
Database :
MEDLINE
Journal :
Journal of population economics
Publication Type :
Academic Journal
Accession number :
12282335
Full Text :
https://doi.org/10.1007/BF00522406