Effect of world fertility scenarios on international living standards.

I Introduction

There is commonly in OECD countries in particular, a vigorous debate about the macroeconomic impact of futurity demographic change. Public concern is widespread that futurity demographic change will imply lower living standards. This be of importance to has led to pressure upon policy makers in high-income countries to find policies that will increase the fertility rate. However, the theoretical and empirical evidence of fertility upon living standards is ambiguous. The transition to lower population development caused by low fertility yields a temporary dividend for living standards, lasting up to several decades, in the form of lower youth appurtenance and lower capital ...