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China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008
Interstate migration has decreased steadily since the 1980s. We show that this trend is not primarily related to demographic and socioeconomic factors, but instead appears to be connected to a concurrent secular decline in labor market transitions. We explore a number of reasons for the declines...
Persistent link: https://www.econbiz.de/10010777730
Dramatic fertility swings over the last 100 years have been the subject of large literatures in demography and economics. Recent research has claimed that the post-1960 fertility decline is exceptional enough to constitute a "Second Demographic Transition." The empirical case for a Second...
Persistent link: https://www.econbiz.de/10010969391
Entropy, or the gradual decline through age in the survivorship function, reflects the considerable amount of variance in length of life found in any human population. Part is due to the well-known variation in life expectancy between groups: large differences according to race, sex,...
Persistent link: https://www.econbiz.de/10005034340
This paper discusses broad trends in the rates and levels of international migration over the past three decades, the places that migrants leave from and the destinations they choose; and some of the demographic and policy implications of these trends. It raises some features of international...
Persistent link: https://www.econbiz.de/10004962693
To American and European economists in 1945, the countries of Asia were unpromising candidates for high economic growth. In 1950 even the most prosperous of these countries had a per capita income less than 25 percent of that of the United States. Between the mid-1960s and the end of the...
Persistent link: https://www.econbiz.de/10005019409
Abstract U.S. fertility rose from a low of 2.27 children for women born in 1908 to a peak of 3.21 children for women born in 1932. It dropped to a new low of 1.74 children for women born in 1949, before stabilizing for subsequent cohorts. We propose a novel explanation for this boom-bust...
Persistent link: https://www.econbiz.de/10008554218
U.S. fertility rose from a low of 2.27 children for women born in 1908 to a peak of 3.21 children for women born in 1932. It dropped to a new low of 1.74 children for women born in 1949, before stabilizing for subsequent cohorts. We propose a novel explanation for this boom-bust pattern, linking...
Persistent link: https://www.econbiz.de/10008628415
This paper discusses broad trends in the rates and levels of international migration over the past three decades, the places that migrants leave from and the destinations they choose; and some of the demographic and policy implications of these trends. It raises some features of international...
Persistent link: https://www.econbiz.de/10012447057
This chapter reviews the long-run developments in the distribution of personal income and wealth. It also discusses suggested explanations for the observed patterns. We try to answer questions such as: What do we know, and how do we know, about the distribution of income and wealth over time?...
Persistent link: https://www.econbiz.de/10014025344