Historically the EC frameworka#39;s significance lies in reorienting the analytical focus of demographic research in fertility back towards ... Its biggest practical drawbacks are its static formulation and its ad hoc behavioral specification which leaves it open to many ... Some of these misspecification problems can contribute to difficulties in the use of the model for policy simulation, but we ... There are those who are uncomfortable with 14 Rosenzweig and Schultz (RS) Introduction and Concepts.
|Title||:||Economic Approaches to Modeling Fertility Determinants|
|Author||:||Cristino R. Arroyo III, Banco Internacional de Reconstrucción y Fomento|
|Publisher||:||World Bank Publications - 1993|