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3min chapter
How does Low Fertility Affect Economic Growth, Worldwide? Jesús Fernández-Villaverde
ROCKING OUR PRIORS
Intro
This chapter explores the connection between low fertility rates and economic growth, focusing on how the working-age population influences national economies. It specifically examines Japan’s demographic decline and its contribution to economic stagnation, challenging the notion that productivity alone drives output growth.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode