Lect1 - Economics of the Population Econ 404/776 Lecture 1:...

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Economics of the Population Econ 404/776 Lecture 1: Introduction & Overview January 12, 2011 Nancy Qian
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Introduction What is population economics? Why should we care?
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What is population economics? What isn’t? Population is strongly correlated with income growth over time. It is strongly correlated with income across countries today. From the micro perspective, fertility choices are strongly correlated with income and female wages, as well as with household savings rates. Some of the most prominent theories of development are related to demographics.
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Stylized Fact 1 According to the World Development Indicators, in 2005, approximately 30% of the world’s population were malnourished. Almost all of these people live in poor countries. Are they hungry because they are poor? Are they poor because they are too hungry to work? What are the long term consequences of malnutrition?
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Stylized Fact 2 World population grew at a low and stable rate
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Lect1 - Economics of the Population Econ 404/776 Lecture 1:...

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