ENGLISH

Population Dynamics: A New Economic Approach

By C. Y. Cyrus Chu

Book information

Year
1998
ISBN
0195121589, 9780195121582
LCC
HQ759.98 .C48 1998
Open Library ID
OL359045M
Language
english
Format
PDF
Filesize
12 MB (12120562 bytes)
Pages
240\241
Topic
Economy
Scanned
yes
Time added
2011-06-04 13:46:07

Description

Population Dynamics fills the gap between the classical supply-side population theory of Malthus and the modern demand-side theory of economic demography. In doing so, author Cyrus Chu investigates specifically the dynamic macro implications of various static micro family economic decisions. Holding the characteristic composition of the macro population to always be an aggregate result of some corresponding individual micro decision, Chu extends his research on the fertility-related decisions of families to an analysis of other economic determinations. Within this framework, Chu studies the income distribution, attitude composition, job structure, and aggregate savings and pensions of the population. While in some cases a micro-macro connection is easily established under regular behavioral assumptions, in several chapters Chu enlists the mathematical tool of branching processes to determine the connection. Offering a wealth of detail, this book provides a balanced discussion of background motivation, theoretical characterization, and empirical evidence in an effort to bring about a renewal in the economic approach to population dynamics.This welcome addition to the research and theory of economic demography will interest professional economists as well as professors and graduate students of economics.

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