TY  - RPRT
        AU  - Lehmijoki, Ulla
AU  - Palokangas, Tapio K.
        TI  - The Long-Run Effects of Mortality Decline in Developing Countries
        PY  - 2011/Jan/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 5422
        UR  - https://www.iza.org/publications/dp5422
        AB  - Since World War II, mortality has declined in the developing world. This paper examines the effects of this mortality decline on demographic and economic growth by a family-optimization model, in which fertility is endogenous and wealth yields utility through its status. The decline in mortality stimulates investment and generates an income stream which promotes population growth, but the desire of status hampers fertility and prevents capital-diluting demographic expansion. If status-seeking is strong, then the decline of mortality decreases population growth below its original level.
        KW  - mortality
KW  - population growth
KW  - economic growth
        ER  -