There is growing concern about a decline in the total fertility rate worldwide, but nowhere is the concern greater than in OECD countries, some of which already face the prospect of population decline as well. While the trend is largely the result of structural economic and social changes, our...

This paper develops a unified model of growth, population, and technological progress that is consistent with long-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is positively related to the level of income per capita....

Disability, work and retirement -- New age thinking: alternative ways of measuring age, their relationship to labor force participation, government policies, and GDP / John B. Shoven -- Comment / Erzo F. P. Luttmer -- Work disability: the effects of demography, health, and disability insurance /...