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Immigration is a possible instrument for offsetting longer-run adverse effects of population aging on per capita income. Our "laboratory" is a fictional country Alpha to which we assign demographic characteristics typical of a country experiencing population aging. Simulations indicate that a...
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We explore the implications of male preference stopping rules for a stable population, and more generally the aggregate implications of higher male/female birth ratios. We begin by specifying nine alternative family stopping rules, derive their probability functions, and simulate the long-run...
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