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The Economics of a Shrinking World
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 […] The post The Economics of a Shrinking World appeared first on Marginal REVOLUTION.
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Marginal Revolution (United States) | Aug 14, 2026
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