Arbeitspapier
Decreasing fertility, economic growth and the intergenerational wage gap
Persistent low fertility rates lead to lower population growth rates and eventually also to decreasing population sizes in most industrialized countries. There are fears that this demographic development is associated with declines in per capita GDP and possibly also increasing inequality of the wage distribution. We investigate whether this is true in the context of neoclassical growth models, augmented with endogenous fertility decisions and endogenous educational decisions. Furthermore we allow for imperfect substitutability across workers of different age in the production process and learning by doing effects as well as human capital depreciation. In particular, we assess the intergenerational wage redistribution effects which follow after a demographic change to persistent low fertility rates.
- Sprache
-
Englisch
- Erschienen in
-
Series: Vienna Institute of Demography Working Papers ; No. 6/2009
- Klassifikation
-
Wirtschaft
- Thema
-
Population decline
economic growth
intergenerational wage gap
Bevölkerungsentwicklung
Wirtschaftswachstum
Lohnstruktur
Generationengerechtigkeit
Neoklassik
Wachstumstheorie
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Prettner, Klaus
Prskawetz, Alexia
- Ereignis
-
Veröffentlichung
- (wer)
-
Austrian Academy of Sciences (ÖAW), Vienna Institute of Demography (VID)
- (wo)
-
Vienna
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Prettner, Klaus
- Prskawetz, Alexia
- Austrian Academy of Sciences (ÖAW), Vienna Institute of Demography (VID)
Entstanden
- 2009
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