The first pandemic of the 21st century has brought Pyrrhic attention to one of the era's greatest megatrends - population ageing. Today rich countries are disproportionately affected but increasingly the world's elderly are residents of developing countries. In rich and poor countries alike, a...

There have been significant changes in both the fertility rates and fertility perception since 1970s. In this paper, we examine the relationship between government policies towards fertility and the fertility trends. Total fertility rate, defined as the number of children per woman, is used as...

The COVID-19 pandemic caused widespread disruptions to education, with school closures affecting over one billion children. These closures, aimed at reducing virus transmission, resulted in significant learning losses, particularly in mathematics and science. Using data from TIMSS 2023, which...

The COVID-19 pandemic caused widespread disruptions to education, with school closures affecting over one billion children. These closures, aimed at reducing virus transmission, resulted in significant learning losses, particularly in mathematics and science. Using United States data from TIMSS,...

This paper examines the effects of the COVID-19 pandemic on the returns to education in the United States. Using data from the Current Population Survey 2011-2022, the analysis reveals that, after a period of decline, returns to education increased significantly because of COVID, particularly...

According to the conventional theory of the demographic transition, mortality decline has represented the major trigger for fertility decline and eventually sustained economic development. In Sub-Saharan Africa (SSA), the HIV/AIDS epidemic has had a devastating impact on mortality, by...

Fertility rates have declined dramatically across almost all highincome countries over the past decades. This has raised concerns about future economic prospects. Indeed, fully- and semi-endogenous growth models imply that a shrinking workforce would lead to declining income growth and perhaps...

One goal of the paid family leave (PFL) is to help working mothers balance their careers and family responsibilities and hence improve the well-being of their infants. However, most studies of PFL on early childhood outcomes have been based on the analyses of surviving infants. If PFL reduces...

Social welfare payments (SWP) were designed with policy priority to transfer revenue to vulnerable groups, thereby addressing poverty and inequality. Previous studies have shown that SWPs alleviate poverty, but investigating their effect on well-being is sparse. We investigate the relationship...

Recent years have seen a rise in mass shooting incidents in the United States. While direct victims and their families undoubtedly suffer the most serious consequence of mass shootings, little is known on whether mass shootings have negative impacts beyond those immediately exposed to the...