The age distribution and business cycle volatility: International evidence

We estimate the age distribution’s effect on business cycle fluctuations across a large number of countries. A 10 percentage point increase in the middle-aged share of the population decreases output volatility by 15 percent for the average country.

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Year of publication:	2012
Authors:	Lugauer, Steven ; Redmond, Michael
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 117.2012, 3, p. 694-696
Publisher:	Elsevier
Subject:	Business cycles \| Demographics \| Panel data

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Type of publication:	Article
Classification:	E32 - Business Fluctuations; Cycles ; J10 - Demographic Economics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010594170