The implications of below replacement fertility for labour supply and international migration, 2000-2050
Fertility rates have been low in almost all advanced countries for the past 25-30 years. In most cases throughout this period, fertility has been below the level that leads to replacement of one generation by the next. In the same period, mortality rates have also fallen sharply. The well-known consequence of this combination is rapid ageing of the population. The rate of ageing will step up a gear in the next 30 years as the baby-boom generation moves into the older ages. A common concern is...[Show more]
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