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This research develops an expanded unified growth theory that incorporates the endogenous accumulation of physical capital, population, human capital, and technology. The model incorporates a complementarity between physical capital and human capital and can be extended to a multi-country...
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, we examine whether fertility rates have been converging across countries. Our results indicate that fertility rates are … indeed converging both absolutely and conditionally. Furthermore, the dispersion of fertility rates also seems to be falling … transitional effects of later childbearing, rather than a slowdown of long-run fertility rates …
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