Model Thinking β’ 39 implied HN points β’ 06 Nov 22
- Optimal population subsidies can differ greatly based on the discount rate assumption, with the model showing notable variations between a 5% and a 7% discount rate.
- There's evidence of a non-linear relationship between fertility rates and income, with high-income groups having more children in some cases, impacting population growth predictions.
- The marginal benefit of a birth is suggested to increase rapidly with population growth and discounts rates, leading to implications concerning government spending priorities and possible optimization opportunities.