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Luis Garicano ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡บ๐Ÿ‡ฆ
@lugaricano
Professor @LSEPublicPolicy. Writing on econ, tech and EU. Substack: "Messy Jobs" on AI, Jobs and Orgs:
๊ฐ€์ž… February 2010
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No smoking gun, but the preponderance of evidence points to smartphones, not economics, as the culprit for the global drop in fertility: โ€ข In the US and UK, births fell first and fastest in areas that got 4G earliest โ€ข Birth rates were stable in the US, UK and Australia until 2007; in France and Poland until 2009; in Mexico and Indonesia until 2012; in Ghana, Nigeria and Senegal until 2013-15 Each of these inflection points matches local smartphone adoption (see picture). โ€ข The younger the age group, the sharper the drop. โ€ข in-person socialising among young adults is dropping. In SK, by 50% in 20 years โ€ข Sexual dysfunction is higher among heavy social media user โ€ข Effect is largest in culturally traditional societies โ€” Middle East, Latin America, sub-Saharan Africa โ€ข Decline holds across countries hit hard by GFC 2008 and those not hit, fast-growing and not growing. Excellent again @jburnmurdoch.
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