This paper presents new evidence for major world regions and for the most populous countries in each region on associations between the average ages of populations and three groups of economic outcomes: (1) macroeconomic aggregates (domestic saving as a share of GDP, GDP per capita, capital per...

The demographic transition is introduced into the otherwise standard Ramsey model to generate multiple equilibria, poverty traps, and demography-driven cycles. The model is calibrated for global data to explore the demographic conditions under which multiplicity is realized. Three cases arise,...

This paper examines the extent to which changes in working-age shares associated with population aging might slow economic growth in upcoming years. We first analyze the economic effects of changing working-age shares in a standard empirical growth model using country panel data from...

This paper examines the extent to which changes in working-age shares associated with population aging might slow economic growth in upcoming years. We first analyze the economic effects of changing working-age shares in a standard empirical growth model using country panel data from 1950-2015....

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...

Inequality in political participation and influence has strongly increased in recent decades. In this paper, we focus on three aspects of political inequality: the increasing concentration of both political and charitable donations, the growing gap in descriptive representation, and the...

The demographic transition the move from a high fertility/high mortality regime into a low fertility/low mortality regime is one of the most fundamental transformations that countries undertake. To study demographic transitions across time and space, we compile a data set of birth and death...

The demographic transition -the move from a high fertility/high mortality regime into a low fertility/low mortality regime- is one of the most fundamental transformations that countries undertake. To study demographic transitions across time and space, we compile a data set of birth and death...