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fertility behavior and productivity growth. They present theoretical arguments to the effect that public pension coverage as … such will reduce aggregate fertility and may raise aggregate household savings. They argue further that public pensions, as … the policies under discussion. Their policy proposals to address declines in fertility and productivity growth include the …
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Parity-specific probabilities of having a next birth are estimated from national fertility data and are compared with … countries (the US, West Germany, Denmark, Italy, and the United Kingdom), whose fertility rates span the observed fertility … can be measured, the possibility that child costs affect both the quantum and the tempo of fertility, the relatively small …
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