Population Research Institute Social Science Research Institute Penn State

Fertility and exchange rates

Posted July 30th, 2007 by Tara Murray in Fertility

A new working paper from the National Bureau for Economic Research (NBER) examines the link between a country’s fertility rate and the real effective exchange rate, confirming the theory that a country with declining fertility “can be expected to have higher savings, lower investment, a current account surplus, and accordingly a real depreciation.” (Fertility and the Real Exchange Rate, by Andrew K. Rose & Saktiandi Supaat)

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