Demography: Chicken or Egg?
This article analyses the demographic matrix of France since the end of World War 2. We first show the fundamental character of the demographic variable for explaining economic growth. The importance of the youngest cohort, and hence fertility, is shown for the economic dynamic. This is followed by verification that the underlying mechanism of this link is founded on Easterlin’s hypothesis, that is to say the labour market situation.
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Volume (Year): 33 (2008)
Issue (Month): 1 ()
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