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the effects of the same fertility and mortality shocks across models with and without children. Simulations show that … while child dependency changes the direction of the impact of the fertility transition on external imbalances in the short …
Persistent link: https://www.econbiz.de/10013295892
This paper employs an aggregate representation of an overlapping generation (OLG) model quantifying a decrease of the natural real interest rate in the range of -1.7 and -0.4 percentage points in the euro area between 1990 and 2030 due to demographics alone. Two channels contribute to this...
Persistent link: https://www.econbiz.de/10011994650
We first document three stylized facts about marriage and fertility in East Asian societies: They have the highest … marriage rates in the world, but the lowest total fertility; they have the lowest total fertility, but almost all married women … unequal gender division of childcare significantly contributes to the low fertility of South Korea, and its effect varies …
Persistent link: https://www.econbiz.de/10011896890
fertility rate and emigration rate are going to develop in Africa. Even modest increases in emigration from Africa would …
Persistent link: https://www.econbiz.de/10012533912
fertility rate and emigration rate are going to develop in Africa. Even modest increases in emigration from Africa would …
Persistent link: https://www.econbiz.de/10012519097
estimate a dynamic programming model of fertility decisions with microdata on fertility histories. We leverage the quasi … reduce fertility by allowing parents to efficiently reach their preferred sex mix, it could also increase it. This is because …
Persistent link: https://www.econbiz.de/10014308551
, falling fertility has caused migration rates that used to generate growth to instead result in decline. When we simulate … county populations from 1970 to the present holding fertility at its initial level, only 10 percent of counties decline …
Persistent link: https://www.econbiz.de/10015084242
19th century in the United States. We construct new measures of fertility changes and measures of railroad access at the … county level from 1850 - 1890. We are able to document market-access-induced changes in fertility due to both extensive … margins (shifts in occupations with different average fertility rates) and intensive margins (changes in fertility within each …
Persistent link: https://www.econbiz.de/10013173243
Despite the recent economic growth in many countries on the African continent, the region has seen a slow fertility … transition. In this study, we explore whether the lack of structural economic change can explain this slow fertility transition … to analyze the driving forces of fertility transitions across low- and middle-income countries. Our results confirm that …
Persistent link: https://www.econbiz.de/10014228925
stay on their baseline trajectories (taken from the European Commission’s Debt Sustainability Monitor 2023) under low-fertility …, high-fertility, low-migration and high-migration scenarios. These scenarios are provided in the Commission’s Ageing Report … growth. The effects of the low-fertility scenario kick in only in the very long run and even exceed those of low migration …
Persistent link: https://www.econbiz.de/10015197302