Asset Details
Do you wish to reserve the book?
The optimal transition to a stationary population for concentrated vitality rates
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
The optimal transition to a stationary population for concentrated vitality rates
Do you wish to request the book?
The optimal transition to a stationary population for concentrated vitality rates
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
The optimal transition to a stationary population for concentrated vitality rates
2024
Overview
Several countries nowadays and in the past face a birth rates below replacement level. To what extent should the fertility of this shrinking population be increased during a given planning period such that it approaches stationarity at the end as close as possible? Both immediate adaptation to the replacement level as well as delaying it to the end of the planning period are suboptimal. Distributed parameter optimal control theory provides an appropriate tool to ascertain the efficient intertemporal trade-off between costly birth control and zero population growth. It turns out that the optimal adaptation rate of the net reproduction rate (NRR) balances between unacceptable adjustment costs for fertility and huge deviations of the terminal age composition from the desired stationary one. The optimal adaptation rate is monotonically increasing with a curvature that depends on the growth rates of the NRR, the fertile population, and the value of newborns.
Publisher
Max-Planck-Gesellschaft zur Foerderung der Wissenschaften,Max Planck Institute for Demographic Research,Max Planck Institut für Demografische Forschung
