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Regular version of the site
ФКН

ICEF Research Seminar by Thomas Baudin (IÉSEG Business School)

On Thursday, November 30 at 4.40 pm, room 3211 (Shabolovka str. 26) ICEF held the Research Seminar.
Speaker: Thomas Baudin (IÉSEG Business School)
Theme: "Rural Exodus and Fertility at the Time of Industrialization" joint with Robert Stelter


Abstract: We propose a unified model of economic growth where people decide not only about fertility and education but also whether or not to migrate to the city or alternatively to the countryside. Using the simulated method of moments and an original set of Danish data, we calibrate our model to evaluate the relative contributions of the rural exodus and mortality reductions to economic growth and the fertility transition. We find, in line with Galor (2005), that the reduction of infant mortality has not been a major driver of the Danish economic take- off while the rural exodus, complementing technological progress, has been a workhorse of the economic and demographic revolution of Denmark.

 


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Past seminar