Would a decrease in fertility be a threat to living standards in Australia?

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Title Would a decrease in fertility be a threat to living standards in Australia?
Author Guest, Ross; McDonald, Ian M.
Journal Name The Australian Economic Review
Editor David Johnson, John Creedy, Stephen King
Year Published 2002
Place of publication United Kingdom
Publisher Blackwell Publishing Ltd.
Abstract Falling rates of fertility in many countries have led to concerns that low fertility is a threat to future living standards. In this article we report simulations of living standards for Australia that take into account the effect of demographic change. These simulations show that reduced fertility would actually increase living standards, albeit by a small amount. We also present projections of government social outlays. These projections suggest that reductions in fertility will have an insignificant or tiny tax-disincentive effect on GDP, thereby reinforcing our conclusion that reductions in fertility are not a threat to future living standards.
Peer Reviewed Yes
Published Yes
Publisher URI http://www.blackwell-synergy.com/doi/abs/10.1111/1467-8462.00221
Alternative URI http://www.blackwell-synergy.com/links/doi/10.1111%2F1467-8462.00221
Copyright Statement Copyright 2002 Blackwell Publishing. The definitive version is available at [www.blackwell-synergy.com.]
Volume 35
Issue Number 1
Page from 29
Page to 44
ISSN 0004-9018
Date Accessioned 2003-04-07
Language en_AU
Research Centre Griffith Asia Institute
Faculty Graduate School of Management
Subject Macroeconomics (incl. Monetary and Fiscal Theory)
URI http://hdl.handle.net/10072/6780
Publication Type Journal Articles (Refereed Article)
Publication Type Code c1

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