Capital accumulation, endogenous populat
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Gustav Feichtinger; Engelbert J. Dockner
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Article
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1990
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Springer
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English
β 766 KB
In this paper we attempt to explain the occurrence of population cycles in industrialised economies where the birth rate depends on the difference between the actual and the expected consumption rate. This model of an endogenously growing population brings together Easterlin's idea of an adapting as