Lower fertility 

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Microsoft Word - cpbdoc_tang.doc
... a decline from a peak fertility is strongly related to female educational attainment. higher educational achievements of women go hand in hand with lower fertility rates, decreasing youth- dependency ... understanding of the relation between private savings, fertility and education is limited and needs to be improved. probably, the direct effects of lower fertility and higher life expectancy are less ...
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00/research memorandum Can we a [PFP#1092373775]
... demographic factors that cause aging provide some offsetting effects on labor supply. in particular, lower fertility tends to raise the participation rate of women while increased life expectancy may allow ... costs as an homogeneous population allows for tagging'. various developments offset the trend toward lower labor supply in oecd countries due to aging. high wages stimulate labor-market ...
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