Olivier F. Morand

TL;DR: The authors analyzes the interaction between growth and fertility via income distribution in a model in which fertility decisions are motivated by old-age support and provides an explanation of the demographic transition of an economy from a stage of low fertility, high human capital investments, and high growth.

TL;DR: Using lattice programming and order theoretic fixpoint theory, this paper developed a new class of monotone iterative methods that provide a qualitative theory of Markovian equilibrium decision processes for a large class of infinite horizon economies with capital.

TL;DR: In this article, sufficient conditions for existence and uniqueness of Markovian equilibrium are provided for the compact state space case, but no similar sufficient conditions exist for unbounded growth, and a computational algorithm that will prove asymptotically consistent when computing Markovians equilibrium is presented.

TL;DR: Investments in health to a standard growth model where physical and human capital investments are the combined engines of growth leads to the important hypothesis that the epidemiological transition may induce an economy to switch to a modern growth regime.

TL;DR: A new class of monotone iterative methods that provide a qualitative theory of Markovian equilibrium decision processes for a large class of infinite horizon economies with capital, and provides new conditions for preserving complementarity under maximization, and new generalized envelope theorems for nonconcave dynamic programming problems.