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Who Will Inherit the Earth? with Lyman Stone

Beatrice Institute Podcast

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How Important Is This Tempo Effect?

This reduction of fertility rates we're seeing is sort of an artifact of women having later children. But eventually these women will sort of catch up to have kids in their mid 40s and all will be fine. How important is this tempo effect? That's a great question. It turns out mathematically accounting for the tempo effect does not actually improve forecast accuracy.

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