Proceedings of the 2015 4th National Conference on Electrical, Electronics and Computer Engineering

The Ramsey Type Model with Endogenous Birth Rate

Authors
Wang Donghan, Yang Jun, Zhu Huan
Corresponding Author
Wang Donghan
Available Online December 2015.
DOI
10.2991/nceece-15.2016.52How to use a DOI?
Keywords
Ramsey model; birth rate; equilibrium; phase diagram analysis.
Abstract

In this paper, a Ramsey type model with endogenous birth rate is set up to inquire the optimal birth rate choosing in the economic growth process. It is proved the model has a unique equilibrium which is saddle under some given conditions. Along the optimal growth path, the per capita capital, consumption and the birth rate increase. By comparative static analysis, it obtain the per capita consumption decreases with the life expectancy prolonged.

Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2015 4th National Conference on Electrical, Electronics and Computer Engineering
Series
Advances in Engineering Research
Publication Date
December 2015
ISBN
10.2991/nceece-15.2016.52
ISSN
2352-5401
DOI
10.2991/nceece-15.2016.52How to use a DOI?
Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Wang Donghan
AU  - Yang Jun
AU  - Zhu Huan
PY  - 2015/12
DA  - 2015/12
TI  - The Ramsey Type Model with Endogenous Birth Rate
BT  - Proceedings of the 2015 4th National Conference on Electrical, Electronics and Computer Engineering
PB  - Atlantis Press
SP  - 256
EP  - 260
SN  - 2352-5401
UR  - https://doi.org/10.2991/nceece-15.2016.52
DO  - 10.2991/nceece-15.2016.52
ID  - Donghan2015/12
ER  -