stable population theory
From The New Palgrave Dictionary of Economics, Second Edition, 2008
Edited by
Steven
N.
Durlauf
and
Lawrence
E.
Blume
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Abstract
A population's age structure and growth are determined by rates of fertility, mortality and migration. Stable population theory provides a widely useful mathematical framework, described here, that connects a fixed set of rates to the population dynamics they generate. This theory makes it possible to trace causes and consequences of population change, to establish methods for estimating rates, and to make projections of future population. Much of the power of stable theory rests on the fact that the key features of population dynamics with fixed rates can be generalized, as discussed here, to rates that vary over time.
Keywords
continuous and discrete time models; dependency ratio; economic demography; fertility; forecasting; generation times; international migration; Markov processes; mortality; population growth; population momentum; population projections; stable population theory; stochastic stable theory
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How to cite this article
Tuljapurkar, Shripad. "stable population theory." The New Palgrave Dictionary of Economics. Second Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2008. The New Palgrave Dictionary of Economics Online. Palgrave Macmillan. 24 May 2013 <http://www.dictionaryofeconomics.com/article?id=pde2008_S000226> doi:10.1057/9780230226203.1602

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