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The uncertain lifetime and the timing of human capital investment

Author

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  • Sebnem Kalemli-Ozcan
Abstract
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Suggested Citation

  • Sebnem Kalemli-Ozcan, 2008. "The uncertain lifetime and the timing of human capital investment," Journal of Population Economics, Springer;European Society for Population Economics, vol. 21(3), pages 557-572, July.
    • Handle: RePEc:spr:jopoec:v:21:y:2008:i:3:p:557-572
    DOI: 10.1007/s00148-007-0145-8
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    References listed on IDEAS

    as
    1. Kalemli-Ozcan, Sebnem & Ryder, Harl E. & Weil, David N., 2000. "Mortality decline, human capital investment, and economic growth," Journal of Development Economics, Elsevier, vol. 62(1), pages 1-23, June.
    2. Sah, Raaj Kumar, 1991. "The Effects of Child Mortality Changes on Fertility Choice and Parental Welfare," Journal of Political Economy, University of Chicago Press, vol. 99(3), pages 582-606, June.
    3. Chakraborty, Shankha, 2004. "Endogenous lifetime and economic growth," Journal of Economic Theory, Elsevier, vol. 116(1), pages 119-137, May.
    4. Gene M. Grossman (ed.), 1996. "Economic Growth," Books, Edward Elgar Publishing, volume 0, number 553.
    5. Oded Galor, 2005. "The Demographic Transition and the Emergence of Sustained Economic Growth," Journal of the European Economic Association, MIT Press, vol. 3(2-3), pages 494-504, 04/05.
    6. Rodrigo R. Soares, 2005. "Mortality Reductions, Educational Attainment, and Fertility Choice," American Economic Review, American Economic Association, vol. 95(3), pages 580-601, June.
    7. Matthias Doepke, 2005. "Child mortality and fertility decline: Does the Barro-Becker model fit the facts?," Journal of Population Economics, Springer;European Society for Population Economics, vol. 18(2), pages 337-366, June.
    8. Kalemli-Ozcan, Sebnem, 2002. "Does the Mortality Decline Promote Economic Growth?," Journal of Economic Growth, Springer, vol. 7(4), pages 411-439, December.
    9. Ehrlich, Isaac & Lui, Francis T, 1991. "Intergenerational Trade, Longevity, and Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 99(5), pages 1029-1059, October.
    10. Michele Boldrin & Larry E. Jones, 2002. "Mortality, Fertility, and Saving in a Malthusian Economy," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(4), pages 775-814, October.
    11. Ram, Rati & Schultz, Theodore W, 1979. "Life Span, Health, Savings, and Productivity," Economic Development and Cultural Change, University of Chicago Press, vol. 27(3), pages 399-421, April.
    12. repec:ucp:bknber:9780226740867 is not listed on IDEAS
    13. Kalemli-Ozcan, Sebnem, 2003. "A stochastic model of mortality, fertility, and human capital investment," Journal of Development Economics, Elsevier, vol. 70(1), pages 103-118, February.
    14. Alessandro Cigno, 1998. "Fertility decisions when infant survival is endogenous," Journal of Population Economics, Springer;European Society for Population Economics, vol. 11(1), pages 21-28.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Anna-Maria Aksan, 2014. "Effects of Childhood Mortality and Morbidity on the Fertility Transition in sub-Saharan Africa," Population and Development Review, The Population Council, Inc., vol. 40(2), pages 311-329, June.
    2. Philipp Ager & Casper Worm Hansen & Peter Sandholt Jensen, 2018. "Fertility and Early-Life Mortality: Evidence from Smallpox Vaccination in Sweden," Journal of the European Economic Association, European Economic Association, vol. 16(2), pages 487-521.
    3. Jonathan J. ADAMS, 2022. "Urbanization, Long-run Growth, and the Demographic Transition," JODE - Journal of Demographic Economics, Cambridge University Press, vol. 88(1), pages 31-37, March.
    4. Bhattacharya, Joydeep & Chakraborty, Shankha, 2012. "Fertility choice under child mortality and social norms," Economics Letters, Elsevier, vol. 115(3), pages 338-341.
    5. Hideki Nakamura, 2015. "The Effects of Child Mortality Changes on Two Income Groups and Macroeconomics," KIER Working Papers 920, Kyoto University, Institute of Economic Research.
    6. Takakura, Kei, 2023. "Child mortality, child labor, fertility, and demographics," Economic Modelling, Elsevier, vol. 127(C).
    7. Raouf Boucekkine & Rodolphe Desbordes & Hélène Latzer, 2009. "How do epidemics induce behavioral changes?," Journal of Economic Growth, Springer, vol. 14(3), pages 233-264, September.
    8. Thomas Baudin, 2012. "The Optimal Trade-Off Between Quality and Quantity with Unknown Number of Survivors," Mathematical Population Studies, Taylor & Francis Journals, vol. 19(2), pages 94-113, April.
    9. Bhattacharya, Joydeep & Chakraborty, Shankha, 2014. "Contraception and the fertility transition," ISU General Staff Papers 201410220700001028, Iowa State University, Department of Economics.
    10. Luciano Fanti & Luca Gori, 2014. "Endogenous fertility, endogenous lifetime and economic growth: the role of child policies," Journal of Population Economics, Springer;European Society for Population Economics, vol. 27(2), pages 529-564, April.
    11. Casper Hansen & Lars Lønstrup, 2012. "Can higher life expectancy induce more schooling and earlier retirement?," Journal of Population Economics, Springer;European Society for Population Economics, vol. 25(4), pages 1249-1264, October.
    12. Anna-Maria Aksan & Shankha Chakraborty, 2013. "Childhood disease and the precautionary demand for children," Journal of Population Economics, Springer;European Society for Population Economics, vol. 26(3), pages 855-885, July.
    13. Rangan Gupta & Cobus Vermeulen, 2010. "Private and Public Health Expenditures in an Endogenous Growth Model with Inflation Targeting," Annals of Economics and Finance, Society for AEF, vol. 11(1), pages 139-153, May.
    14. Strulik, Holger & Werner, Katharina, 2012. "Life Expectancy, Labor Supply, and Long-Run Growth: Reconciling Theory and Evidence," Hannover Economic Papers (HEP) dp-497, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    15. Casper Worm Hansen & Peter Sandholt Jensen & Lars Lønstrup, 2014. "The Fertility Transition in the US: Schooling or Income?," Economics Working Papers 2014-02, Department of Economics and Business Economics, Aarhus University.
    16. Gori, Luca & Sodini, Mauro, 2020. "Endogenous labour supply, endogenous lifetime and economic development," Structural Change and Economic Dynamics, Elsevier, vol. 52(C), pages 238-259.
    17. Andrew Sharpe & Alexander Murray, 2011. "State of the Evidence on Health as a Determinant of Productivity," CSLS Research Reports 2011-04, Centre for the Study of Living Standards.
    18. Horst Feldmann, 2019. "World Religions and Human Capital Investment: The Case of Primary Education," Journal of Interdisciplinary Economics, , vol. 31(2), pages 101-123, July.
    19. Claudia Münch & Sweder van Wijnbergen, 2009. "Education and Labor Market Activity of Women: An Age-Group Specific Empirical Analysis," Tinbergen Institute Discussion Papers 09-099/2, Tinbergen Institute.

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    More about this item

    Keywords

    Human capital investment; Survival probability; Economic growth; O40; I12; J11;
    All these keywords.

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts

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