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We assess quantitatively the effect of exogenous reductions in fertility on output per capita. Our simulation model … quantitative macroeconomic theory. We apply the model to examine the effect of a change in fertility from the UN medium-variant to …
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We assess quantitatively the effect of exogenous reductions in fertility on output per capita. Our simulation model … quantitative macroeconomic theory. We apply the model to examine the effect of an intervention that immediately reduces TFR by 1 …
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