Fertility, fiscal deficit and sustainability of public debt in an endogenous growth model

This aim of this study is to construct a model which overlaps generations to clear the effects of fiscal deficit on fertility. The relationship between fiscal deficit and fertility is revealed and the mechanism of fiscal deficit and its effect in reducing fertility is clarified. Empirical evidence s...

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Bibliographic Details
Main Authors: Aso Hiroki, Ueshina Mitsuru
Format: Article
Language:English
Published: Sciendo 2023-10-01
Series:Economics and Business Review
Subjects:
Online Access:https://doi.org/10.18559/ebr.2023.3.930