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It is common to analyze the effects of alternative monetary policy commitments under the assumption of fully model-consistent expectations. This implicitly assumes unrealistic cognitive abilities on the part of economic decision makers. The relevant question, however, is not whether the...
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Purpose Our paper studies a central issue with a long history in economics: the relationship between population and economic growth. We analyze the joint dynamics of economic and demographic growth in 111 countries during the period 1960-2019. Design/methodology/approach Using the concept of...
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The dynamic relationship between population and economic growth has not reached a consensus on whether it is positive, negative, or neutral. Using annual panel data for the 32 Mexican states over the period 1940-2020, this paper examines the joint dynamics of population growth and GDP per...
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