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connection between fertility and labor force participation on the future demographic and economic development in Germany. For … development on growth, mediated through incompatibility of fertility and participation. It is argued that this incompatibility …
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Southeast Asia satisfy all of them. The conditions are (1) support ratio - the ratio of workers to consumers - matters for … economic growth, (2) economic development accompanies more investment in human capital and lower fertility due to the quantity …-quality tradeoff, and (3) current low level of fertility corresponds to too low support ratios for keeping up with the frontier …
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