Dynamic Analysis on Demographic Changes, Economic Development and Business Activity

点击翻译按钮获取中文摘要

・We construct the dynamic macro model with endogenous fertility rate.・The effects of demographic changes on both labor market and goods market are examined. In particular, we focus on the properties of the dynamics and study the effects on the economic growth.・Applying the endogenous fertility model into the stagnation economy, the relationship between fertility rate and employment rate is examined. We consider the effects of the policies that influence fertility rate on macro economic variables.