Quotation Striessnig, Erich, Lutz, Wolfgang. 2011. Optimal Fertility. IIASA Interim Report IR-11-031 [November 2011, 22 pp].


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Abstract

In this paper we challenge the widespread notion that replacement level fertility is the most desirable level of fertility both for countries currently above and below this level. We first discuss possible alternative criteria for choosing one fertility level over another. Dismissing for the time being the two extreme criteria of ever increasing national strength (which would imply unlimited population growth) and preservation of the environment (which would see human numbers converge to zero), we focus on age dependency as the sole criterion. But we do so by relaxing the strong assumption that all individuals of a given age are equal in terms of their economic contribution to society and introduce education as probably the most relevant observable source of population heterogeneity. Our criterion variable is the education weighted support ratio and we perform thousands of alternative simulations for different constant levels of fertility starting from empirically given populations. If education is assumed to present a cost at young age and results in higher productivity during working age then for most countries the optimal long-term total fertility rate turns out to be well below replacement level.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Miscellaneous
Language English
Title Optimal Fertility
Source IIASA Interim Report IR-11-031 [November 2011, 22 pp]
Year 2011
URL http://www.iiasa.ac.at/Admin/PUB/Documents/IR-11-031.pdf

Associations

Projects
Wittgenstein Centre for Demography and Global Human Capital
People
Striessnig, Erich (Details)
Lutz, Wolfgang (Details)
Organization
Institute for Statistics and Mathematics IN (Details)
Demography Group AB (Details)
Research Institute for Human Capital and Development FI (Details)
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