Dalgaard, Carl-Johan; Kreiner, Claus Thustrup - In: Journal of Economic Growth 6 (2001) 3, pp. 187-203
Fertility has been declining on all continents for the last couple of decades and this development is expected to continue in the future. Prevailing innovation-based growth theories imply, as a consequence of scale effects from the size of population, that such demographic changes will lead to a...