Is the Economic Mechanism of Quantity-Quality Tradeoff Sustainable?

ANGEL J.L. & SETTERSTEN R.A., 2013, The New Realities of Aging: Social and Economic Contexts, in: New Directions in the Sociology of Aging, eds. Waite L.J. & Plewes T.J., National Academies Press, Washington D.C., p. 95-119.
  Google Scholar

BAKSHI G.S. & CHEN Z., 1994, Baby Boom, Population Aging, and Capital Markets, in: The Journal of Business, 67(2), p. 165-202.
  Google Scholar

BALDACCHINO G. & SAMMUT C., 2016, The Migration Crisis: No Human is Illegal, in: The Round Table, 105(2), p. 231-233.
  Google Scholar

BARRO R.J., 1978, The impact of social security on private saving: evidence from the U.S. time series, American Enterprise Institute for Public Policy Research, Washington, D.C.
  Google Scholar

BEBCZUK R.N. & MUSALEM A.R., 2009, Does Investing in Emerging Markets Help? in: Aging Population, Pension Funds, and Financial Markets, ed. Holzmann, R., World Bank Publications, Washington D.C., p. 97-118.
  Google Scholar

BECKER G.S., 1960, An Economic Analysis of Fertility, in: Demographic and Economic Change in Developed Countries, National Bureau of Economic Research, Inc., Washington D.C., p. 209-240.
  Google Scholar

BECKER G.S., 2007, Health as human capital: synthesis and extensions, in: Oxford Economic Papers, 59(3), p. 379-410.
  Google Scholar

BECKER G.S. & BARRO R.J., 1988, A Reformulation of the Economic Theory of Fertility, in: The Quarterly Journal of Economics, 103(1), p. 1-25.
  Google Scholar

BECKER G.S. & LEWIS G.H., 1974, Interaction between Quantity and Quality of Children, in: Economics of the family: marriage, children, and human capital, eds. Schultz T.W., University of Chicago Press, Chicago, p. 81-90.
  Google Scholar

BECKER G.S., MURPHY K.M. & TAMURA R., 1990, Human capital, fertility, and economic growth, in: Journal of Political Economy, 98(S5), p. 12-37.
  Google Scholar

BLOFIELD M., 2013, The Politics of Moral Sin: Abortion and Divorce in Spain, Chile and Argentina, Routledge, New York-London.
  Google Scholar

BLOOM D.E., CANNING D. & FINK G., 2010, Implications of Population Aging for Economic Growth, in: Oxford Review of Economic Policy, 26(4), p. 583-612.
  Google Scholar

BODINI A. & KLOTZ S., 2009, Ecology – Encyclopedia of Life Support Systems, vol. II, EOLSS Publication/UNESCO, Oxford, UK.
  Google Scholar

BONGAARTS J., 2004, Population Aging and the Rising Cost of Public Pensions, in: Population and Development Review, 30(1), p. 1-23.
  Google Scholar

BOUVIER L.F., 2001, Replacement Migration: Is it a Solution to Declining and Aging Populations? in: Population and Environment, 22(4), p. 377-381.
  Google Scholar

BUCKLEY M., 2011, John Stuart Mill and the Idea of a Stationary State Economy, in: Humanistic Ethics in the Age of Globality, eds. Dierksmeier C, Amann W., von Kimakowitz E., Spitzeck H. & Pirson M., Palgrave Macmillan, Hampshire UK, p. 137-147.
  Google Scholar

BURGER O. & DELONG J.P., 2016, What if fertility decline is not permanent? The need for an evolutionarily informed approach to understanding low fertility, in: Philosophical Transitions of the Royal Society B, 371(1692), p. 2015-2157.
  Google Scholar

CALDWELL J.C., 1976, Toward A Restatement of Demographic Transition Theory, in: Population and Development Review, 2(3/4), p. 321-366.
  Google Scholar

CALDWELL J.C., 2006, Demographic transition theory, Springer, Dordrecht.
  Google Scholar

COSTANZA R., 2000, The dynamics of the ecological footprint concept, in: Ecological economics, 32(3), p. 341-345.
  Google Scholar

COX D. & STARK O., 2007, On the Demand for Grandchildren: Tied Transfer and the Demonstration Effect, in: Journal of Public Economics, 89(9-10), p. 1665-1697.
  Google Scholar

DALY H.E., 1990, Toward some operational principles of sustainable development, in: Ecological Economics, 2(1), p. 1-6.
  Google Scholar

DALY H.E. & FARLEY J., 2011, Ecological Economics: Principles and Applications, Island Press, Washington D.C.
  Google Scholar

DARBY M.R., 1979, The Effects of Social Security on Income and the Capital Stock, American Enterprise Institute for Public Policy Research, Washington D.C.
  Google Scholar

DAVID H.P., FLEISCHHACKER J. & HOHN C., 1988, Abortion and Eugenics in Nazi Germany, in: Population and Development Review, 14(1), p. 81-112.
  Google Scholar

DIETZ T. & ROSA E.A., 1994, Rethinking the environmental impacts of population, affluence and technology, in: Human Ecology Review, 1(12), p. 277-300.
  Google Scholar

DOEPKE M., 2015, Gary Becker on the Quantity and Quality of Children, in: Journal of Demographic Economics, 81(1), p. 59-66.
  Google Scholar

DOPFER K., 2016, Evolutionary Economics, in: Handbook on the History of Economic Analysis Volume III: Developments in Major Fields of Economics, eds. Faccarello G. & Kurz H. D., Edward Elgar Publishing, Cheltenhams UK, p. 175-193.
  Google Scholar

EASTERLIN R.A., 1961, The American Baby Boom in Historical Perspective, in: American Economic Review, 51(5), p. 869-911.
  Google Scholar

EASTERLIN R.A., 1971, Does Human Fertility Adjust to the Environment? in: American Economic Review, 61(2), p. 399-407.
  Google Scholar

EASTERLIN R.A., 1975, An economic framework for fertility analysis, in: Studies in family planning, 6(3), p. 54–63.
  Google Scholar

EASTERLIN R.A., MACDONALD C. & MACUNOVICH D.J., 1990, How Have American Baby Boomers Fared? Earnings and Economic Well-Being of Young Adults, 1964–1987, in: Journal of Population Economics, 3(4), p. 277-290.
  Google Scholar

ESPENSHADE T.J., 2001, ‘Replacement Migration’ from the Perspective of Equilibrium Stationary Populations, in: Population and Environment, 22(4), p. 383-389.
  Google Scholar

ESPENSHADE T.J., BOUVIER L.F. & ARTHUR W.B., 1982, Immigration and the stable population model, in: Demography, 19(1), p. 125-133.
  Google Scholar

ESPENSHADE T.J., GUZMAN J.C. & WESTOFF C.F., 2003, The Surprising Global Variation in Replacement Fertility, in: Population Research and Policy Review, 22(5-6), p. 575-583.
  Google Scholar

ESPOSITO L., 1978, Effect of Social Security on Saving: Review of Studies Using U.S. Time-Series Data, in: Social Security Bulletin, 41(5), p. 9-17.
  Google Scholar

EUROPEAN COMMISSION 2014, The 2015 Ageing Report: Underlying Assumptions and Projection Methodologies, EC, Directorate-General for Economic and Financial Affairs, Luxembourg, no. 8.
  Google Scholar

EUROSTAT, 2016a, Glossary, EUROSTAT: Statistics Explained, http://ec.europa.eu/eurostat/statistics-explained/index.php/Glossary:Young-age-dependency-ratio (28.11.2016).
  Google Scholar

EUROSTAT 2016b, Energy Production and Imports, EUROSTAT: Statistics Explained, http://ec.europa.eu/eurostat/statistics-explained/index.php/Energy_production_and _imports (10.05.2017).
  Google Scholar

FELDSTEIN M., 1974, Social Security, Induced Retirement, and Aggregate Capital Accumulation, in: Journal of Political Economy, 82(5), p. 905-926.
  Google Scholar

FENG W., GU B. & CAI Y., 2016, The End of China’s One-Child Policy, in: Studies in Family Planning, 47(1), p. 83-86.
  Google Scholar

FU B., ZHUANG X., JIANG G., SHI J. & LU Y., 2007, Environmental Problems and Challenges in China, in: Environmental Science & Technology, 41(22), p. 7597-7602.
  Google Scholar

GERLAND P., RAFTERY A.E., ŠEVČÍKOVÁ H., NAN LI, GU D., SPOORENBERG T., ALKEMA L., FOSDICK B.K., CHUNN J., LALIC N., BAY G., BUETTNER T., HEILIG G.K. & WILMOTH J., 2014, World Population Stabilization Unlikely this Century, in: Science, 346(6206), p. 234-237.
  Google Scholar

GIVENS T.E., 2013, Immigration and National Security: Comparing the US and Europe, in: Whitehead Journal of Diplomacy and International Relations, 11(1), p. 79.
  Google Scholar

GLOBAL FOOTPRINT NETWORK, 2017a, Ecological Footprint, http://www.footprintnetwork.org/our-work/ecological-footprint/ (7 May 2017).
  Google Scholar

GLOBAL FOOTPRINT NETWORK, 2017b, Ecological Footprint Explorer, http://data.footprintnetwork.org/ (7 May 2017).
  Google Scholar

GOLDSTEIN J., LUTZ W. & TESTA M.R., 2003, The emergence of Sub-Replacement Family Size Ideals in Europe, in: Population Research and Policy Review, 22(5-6), p. 479-496.
  Google Scholar

HALL P. & SOSKICE D., 2001, Varieties of Capitalism: The Institutional Foundations of Comparative Advantage, Oxford University Press, Oxford UK, New York.
  Google Scholar

HAMILTON W.D., 1964, The Genetical Evolution of Social Behaviour, in: Journal of Theoretical Biology, 7(1), p. 1-16.
  Google Scholar

HAMILTON W.D., 1972, Altruism and Related Phenomena, Mainly in Social Insects, in: Annual Review of Ecology and Systematics, 3(1), p. 193-232.
  Google Scholar

HEMMING R., 1999, Should Public Pensions Be Funded? in: International Social Security Review, 52(2), p. 3.
  Google Scholar

HOLZMANN R., HINZ R.P. & GERSDORFF H. von, 2005, Old-Age Income Support in the 21st Century: An International Perspective on Pension Systems and Reform, World Bank, Washington D.C.
  Google Scholar

HOPKINS C.D., ROSTER C.A. & WOOD, 2006, Making the transition to retirement: appraisals, post‐transition lifestyle, and changes in consumption patterns, in: Journal of Consumer Marketing, 23(2), p. 87-99.
  Google Scholar

HOWE N. & STRAUSS W., 1992, Generations: The History of America’s Future, 1584 to 2069, Reprint edition, Quill, New York.
  Google Scholar

HUNG J.-Y. & LU K.-S., 2014, Research on the Healthy Lifestyle Model, Active Ageing, and Loneliness of Senior Learners, in: Educational Gerontology, 40(5), p. 353-362.
  Google Scholar

JACKSON R., 2002, The Global Retirement Crisis, in: The Geneva Papers on Risk and Insurance, 27(4), p. 486-511.
  Google Scholar

KALECKI M., 1951, Theory of Economic Dynamics: An Essay on Cyclical and Long Run Changes in Capitalist Economy, Allen and Unwin, London.
  Google Scholar

KANG J.M., 2013, Retirement of Baby Boomers and Its Impact on the Financial Market, in: Korean Economic and Financial Review, 18(3), p. 57-61.
  Google Scholar

KESEL J. & SEDLAK V., 2014, Global Climate Change and Security Threats, in: European Scientific Journal, 10(20), p. 31-51.
  Google Scholar

KEYNES J.M., 1964, The General Theory of Employment, Interest, and Money, Brace & World, Harcourt.
  Google Scholar

KIRKWOOD T.B.L., 1997, Is There a Biological Limit to the Human Life Span? in: Longevity: To the Limits and Beyond, eds. Robine J.-M., Vaupel J.W., Jeune B. & Allard M., Springer, Berlin-Heidelberg, p. 69-76.
  Google Scholar

KUNÉ J.B., 2001, The Controversy of Funding Versus Pay-As-You-Go: What Remains of the Debate? in: The Geneva Papers on Risk and Insurance. Issues and Practice, 26(3), p. 418-434.
  Google Scholar

LEE R.D. & MASON A. eds. 2011a, Population Aging and the Generational Economy: A Global Perspective, Edward Elgar & International Development Research Centre, Cheltenhams UK – Northampton US.
  Google Scholar

LEE R.D., and MASON A., 2011b, Lifecycles, support systems, and generational flows: patterns and change, in: Population Aging and the Generational Economy: A Global Perspective, eds. Lee R.D. & Mason A., Edward Elgar & International Development Research Centre, Cheltenhams UK – Northampton US, p. 79-106.
  Google Scholar

LESNOY S.D. & LEIMER D.R., 1985, Social Security and Private Saving: Theory and Historical Evidence, in: Social Security Bulletin, 48(1), p. 14-30.
  Google Scholar

LUCI-GREULICH A. & THÉVENON O., 2013, The Impact of Family Policies on Fertility Trends in Developed Countries, in: European Journal of Population/Revue européenne de Démographie, 29(4), p. 387-416.
  Google Scholar

LUTZ W., SANDERSON W. & SCHERBOV S., 2001, The End of World Population Growth, in: Nature, 412(6846), p. 543-554.
  Google Scholar

MALTHUS T.R., 1798, An Essay on the Principle of Population As It Affects the Future Improvement of Society, with Remarks on the Speculations of Mr. Goodwin, M. Condorcet and Other Writers, J. Johnson in St Paul’s Church, London.
  Google Scholar

MANKIW N.G. & WEIL D.N., 1989, The Baby Boom, the Baby Bust, and the Housing Market, in: Regional Science and Urban Economics, 19(2), p. 235-258.
  Google Scholar

MASON A. & LEE R.D., 2011, Population Aging and the Generational Economy: Key Findings, in: Population Aging and the Generational Economy: A Global Perspective, eds. Lee R.D. & Mason A., Edward Elgar & International Development Research Centre, Cheltenhams UK – Northampton US, p. 3-31.
  Google Scholar

McCONNELL M., 2013, Behavioral economics and aging, in: The Journal of the Economics of Ageing, 1-2, p. 83-89.
  Google Scholar

McDANIEL, S.A. & ZIMMER, Z., 2016. Global Ageing in the Twenty-First Century: Challenges, Opportunities and Implications, Routledge, New York.
  Google Scholar

McMORROW K. & ROEGER W., 2004, The economic and financial market consequences of global ageing, Springer, Berlin-New York.
  Google Scholar

MERELLA V., 2006, Engel’s Curve and Product Differentiation: A Dynamic Analysis of the Effects of Quality on Consumer’s Choice, in: Rivista Internazionale di Scienze Economiche e Commerciali, 53(2), p. 157-182.
  Google Scholar

MILL J.S., 1871, Principles of Political Economy, Longmans, Green, Reader and Dyer, London.
  Google Scholar

MUNNELL A.H., 1974, The Impact of Social Security on Personal Savings, in: National Tax Journal, 27(4), p. 553-567.
  Google Scholar

NAGY S.R., 2015, Japan’s Demographic Revival: Rethinking Migration, Identity and Sociocultural Norms, World Scientific, Singapore.
  Google Scholar

NORGAARD R.B., 1994, Development Betrayed: The End of Progress and a Coevolutionary Revisioning of the Future, Routledge, New York.
  Google Scholar

NOZICK R., 2013, Anarchy, State, and Utopia, Basic Books, New York.
  Google Scholar

PAGE B., 1998, Social Security and Private Saving: A Review of the Empirical Evidence, Congressional Budget Office, Washington D.C.
  Google Scholar

PFAU W.D., 2005, The Effects of Social Security on Private Savings: A Reappraisal of the Time Series Evidence, in: Sophia International Review, 27(1), p. 57-70.
  Google Scholar

PIEŃKOWSKI D., 2009, Selfishness, Cooperation, the Evolutionary Point of View and its Implications for Economics, Ecological Economics, 69(2), p. 335-344.
  Google Scholar

PIEŃKOWSKI D., 2012, Paradoks Jevons’a a Konsumpcja Energii w Unii Europejskiej, in: Problemy Ekorozwoju/ Problems of Sustainable Development, 7(1), p. 105-116.
  Google Scholar

RICARDO D., 1888, Essay on the Funding System, in: The Works of David Ricardo, John Murray, London, p. 513-548.
  Google Scholar

SCHWARTZ A.M., 2006, Pension System Reforms, in: SP Discussion Paper, no. 0608, Washington, D.C.
  Google Scholar

SCHWARZ A.M., ARIAS O.S., ZVINIENE A., RUDOLPH H.P., ECKARDT S., KOETTL J., IMMERVOLL H. & ABELS M., 2014, The Inverting Pyramid: Pension Systems Facing Demographic Challenges in Europe and Central Asia, World Bank Publications, Washington, D.C.
  Google Scholar

SEVELIUS G.G., 2013, The Nine Pillars of History: A Guide for Peace, Author House, Bloomington.
  Google Scholar

SIKKEN B., DAVIS N., HAYASHI C. & OLKKONEN H., 2008, The Future of Pensions and Healthcare in a Rapidly Ageing World: Scenarios to 2030, World Economic Forum, Cologny-Geneva.
  Google Scholar

SOLOW R.M., 1999, Neoclassical Growth Theory, in: Handbook of Macroeconomics, Handbooks in Economics, eds. Taylor, J.B. & Woodford, M., Elsevier, Amsterdam, p. 637-667.
  Google Scholar

THE WORLD BANK, 1994, Averting the Old Age Crisis: Policies to Protect the Old and Promote Growth, The World Bank, Washington, D.C., no. 13584.
  Google Scholar

THE WORLD BANK, 2017, The World Bank International Comparison Program database, http://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD (16.01.2017).
  Google Scholar

TSUI A.O., 2001, Population Policies, Family Planning Programs, and Fertility: The Record, in: Population and Development Review, 27(Supplement), p. 184-204.
  Google Scholar

UNITED NATIONS, 2000, Replacement Migration: Is it a Solution to Declining and Ageing Populations? Population Division Department of Economic and Social Affairs United Nations Secretariat, New York, no. ESA/P/WP.160.
  Google Scholar

UNITED NATIONS, 2015, World Population Prospects 2015 – Population Division, Monitoring – Global Population Trends, https://esa.un.org/unpd/wpp/Download/Other/ Documentation (24.10.2016).
  Google Scholar

VOS A.E., 2009, Falling fertility rates: New challenges to the European welfare state, in: Socio-Economic Review, 7(3), p. 485-503.
  Google Scholar

WACKERNAGEL M., ONISTO L., BELLO P., LINARES A.C., FALFÁN I.S.L., GARCÍA J.M., GUERRERO A.I.S. & GUERRERO M.G.S., 1999, National Natural Capital Accounting with the Ecological Footprint Concept, in: Ecological Economics, 29(3), p. 375-390.
  Google Scholar

WAN H.Y., 1971, Economic Growth, Harcourt Brace Jovanovich, New York-Chicago-San Francisco-Atlanta.
  Google Scholar

WILLMORE L., 1998, Social Security and the Provision of Retirement Income, Pensions Institute Discussion Paper, no. PI-9805, The Pension Institute, London.
  Google Scholar

WCED (WORLD COMMISSION ON ENVIRONMENT AND DEVELOPMENT), 1987, Our Common Future, Oxford University Press, Oxford-New York.
  Google Scholar

WWF, 2014, Living Planet Report 2014, World Wild Fund, Switzerland.
  Google Scholar

WWF INTERNATIONAL, 2016, Living Planet Report 2016. Risk and Resilience in a New Era, WWF International, Gland, Switzerland.
  Google Scholar