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Monday’s paper

Clements, Benedict, Kamil Dybczak, Victor Gaspar, Sanjeev Gupta, and Mauricio Soto. 2015. “The Fiscal Consequences of Shrinking Populations.” SDN/15/21. International Monetary Fund.

  1. What is “fiscal sustainability”? They provide a very specific approach.

  2. How do they use “solow”?

  3. What is the “demographic dividend”?