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Self-generated fertility waves in a non-linear continuous overlapping generations model.

G Feichtinger·G Sorger
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Abstract

In this paper, Samuelson's simplified version of the Easterlin theory is extended to a continuous-time model with 3 age groups. This approach enables one to apply the qualitative theory of nonlinear differential equations to show the existence of Easterlin-type cycles. In contrast to the discrete time model we obtain information about the period length of the cycle.

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Age FactorsDemographyEconomicsFamily CharacteristicsFertilityIncomeModels, TheoreticalPopulationPopulation CharacteristicsPopulation DynamicsResearchSocial ClassSocioeconomic FactorsTime FactorsDemographic FactorsEasterlin HypothesisEconomic FactorsFamily And HouseholdGenerationsMathematical ModelMicroeconomic FactorsResearch MethodologySocioeconomic StatusJournal Article

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G Feichtinger, G Sorger. 1989. Self-generated fertility waves in a non-linear continuous overlapping generations model.. https://doi.org/10.1007/bf00171004

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