The Economics of a Shrinking World
· marginalrevolution.com
From Jesus Fernandez-Villaverde and Patrick Norrick: As of 2026, humanity is likely below replacement fertility. That has never happened before, not in wars or pandemics. But the real surprise is that the fall has been concentrated in low- and middle-income countries and among poorer and less educated women. We fit a single-factor model to 236 […]
From Jesus Fernandez-Villaverde and Patrick Norrick:
As of 2026, humanity is likely below replacement fertility. That has never happened before, not in wars or...