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September 10, 2025Scandinavian Journal of EconomicsOpen Access

Cross‐country differences in the long‐run economic impacts of increased fertility

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Authors

TDThomas Davoine

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Overview

Simulation analysis reveals fertility increases reduce pension deficits and improve welfare, suggesting policy implications for EU countries.

Key Points

  • Pension deficits decrease in all studied countries with higher fertility, and welfare improves overall.
  • Output per capita increases universally except in Sweden, where differing factors affect this relationship.
  • Explained variations stem from demographics, age-productivity profiles, and pension structures among countries.
  • While promoting fertility can help public finance, it may negatively impact per capita output under certain conditions.

Cite This Study

Thomas Davoine (2025) studied this question.

synapsesocial.com/papers/68c1a5ff54b1d3bfb60e0077https://doi.org/10.1111/sjoe.12597
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