Can below-replacement fertility be desirable?

Striessnig, E. ORCID: https://orcid.org/0000-0001-5419-9498 & Lutz, W. ORCID: https://orcid.org/0000-0001-7975-8145 (2013). Can below-replacement fertility be desirable? Empirica 40 (3) 409-425. 10.1007/s10663-013-9213-3.

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Abstract

In this paper, we challenge the widespread notion that replacement level fertility is the most desirable level of fertility both for countries currently above and below this level. We discuss possible alternative criteria for choosing one fertility level over another. In accordance with earlier studies, we focus on age dependency as the sole criterion. But we do so by relaxing the strong assumption that all individuals of a given age are equal in terms of their economic contribution to society and introduce education as probably the most relevant observable source of population heterogeneity. Our criterion variable is the education-weighted support ratio and we perform thousands of alternative simulations for different constant levels of fertility, starting from empirically given populations. If education is assumed to present a cost at young age and results in higher productivity during working age, then for most countries the desirable long-term total fertility rate turns out to be well below replacement level.

Item Type: Article
Uncontrolled Keywords: Below-replacement fertility; Population ageing; Support ratio; Pension reform; Education
Research Programs: World Population (POP)
Bibliographic Reference: Empirica; 40(3):409-425 (August 2013)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 08:48
Last Modified: 05 Aug 2023 05:00
URI: https://pure.iiasa.ac.at/10475

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