Self-generated fertility waves in a non-linear continuous overlapping generations model.
In this paper, Samuelson's simplified version of the Easterlin theory is extended to a continuous-time model with 3 age groups.  This approach enables one to apply the qualitative theory of nonlinear differential equations to show the existence of Easterlin-type cycles.  In contrast to the discrete time model we obtain information about the period length of the cycle.
Feichtinger
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Sorger
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D000367:Age Factors; D003710:Demography; D004467:Economics; D005191:Family Characteristics; D005298:Fertility; D007182:Income; D008962:Models, Theoretical; D011153:Population; D011154:Population Characteristics; D011157:Population Dynamics; D012106:Research; D012923:Social Class; D012959:Socioeconomic Factors; D013997:Time Factors
Age Factors; Demographic Factors; Easterlin Hypothesis; Economic Factors; Family And Household; Family Characteristics; Fertility; Generations; Income; Mathematical Model; Microeconomic Factors; Models, Theoretical; Population; Population Characteristics; Population Dynamics; Research Methodology; Socioeconomic Factors; Socioeconomic Status; Time Factors