Felix, R. Alison; Watkins, Kate - In: Economic Review (2013) Q IV, pp. 95-127
people earn less and spend less during retirement, the aging of the U.S. population will likely reduce income and sales tax … patterns to assess how projected changes in the age distribution across the American population are likely to affect earning … significant impact. Had the population’s age composition in 2011 already resembled what is projected for 2030—that is, having a …