🔴 Fertility in High-Income Countries: Trends, Patterns, Determinants, and Consequences

"The macroeconomic consequences of fertility decline and low fertility are manifold. Many predominantly affect the supply side of the economy (e.g., labor shortages), and some predominantly affect the demand side (e.g., reductions in consumption expenditure growth and the associated repercussions on investment)."

Bloom, D.E., Kuhn, M. and Prettner, K. (2024) 'Fertility in High-Income Countries: Trends, Patterns, Determinants, and consequences,' Annual Review of Economics. https://doi.org/10.1146/annurev-economics-081523-013750.

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