Rose, Andrew K.; Supaat, Saktiandi; Braude, Jacob - In: Canadian Journal of Economics 42 (2009) 2, pp. 496-518
We use a quinquennial data set covering 87 countries between 1975 and 2005 to investigate empirically the relationship between fertility and the real effective exchange rate. Theoretically, a country experiencing a decline in its fertility rate can be expected to experience a real depreciation....