This paper studies the dynamics of fertility in 180 countries in the period 1950ñ 2015 and investigates the determinants of the onset of fertility transitions. The application of Phillips and Sulís (2007) test to fertility rates provides evidence of convergence in three groups of countries....

We analyze the effects of declining population growth on automation. Theoretical considerations imply that countries with lower population growth introduce automation technologies faster. We test the theoretical implication on panel data for 60 countries over the time span 1993-2013. Regression...

We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by purposeful research and development. In contrast to economies in which growth depends on learning-by-doing spillovers, raising the retirement age fosters economic growth. How...