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This paper presents a model of economic growth based on the life-cycle hypothesis to determine the path of capital accumulation and economic growth as the baby boom passes through the U.S. economy. The model predicts that a baby boom causes a temporary decline of the capital-labor ratio. The...
Persistent link: https://www.econbiz.de/10005707794
The impact of population aging on asset prices is a topic that has attracted tremendous interest, both in academic … the links between demography and financial markets. First, he outlines a very simple model in which there can be an … important linkage between the age structure of the population and the level of financial asset prices. Then he describes the …
Persistent link: https://www.econbiz.de/10005713203
This paper analyzes variable-population social-evaluation principles in a framework where outcomes are uncertain. In a …
Persistent link: https://www.econbiz.de/10005779693
There is strong evidence that, in addition to individual and household characteristics, social interactions are important in determining fertility rates. Social interactions can lead to a multiplier effect where an individual’s ideas, and fertility choice, can affect the fertility decisions of...
Persistent link: https://www.econbiz.de/10005808479
accounts for the spatial distribution of population, we find that a doubling of density increases productivity by 2 to 4 …
Persistent link: https://www.econbiz.de/10008489312
Persistent link: https://www.econbiz.de/10008498972
considerable demographic progress since 1947; however it seems that the country’s population will reach about 1.4 billion by the …
Persistent link: https://www.econbiz.de/10004980027
Quebec, as most Western societies, is facing the ageing of its population, producing many economic, political and … needed to reach specific demographic targets, which are, in this study, to prevent total population decline, to prevent … working-age population decline and to prevent the percentage of those 65 years and over from exceeding 25% of the total …
Persistent link: https://www.econbiz.de/10004998556
A população brasileira tem sofrido profundas transformações nas últimas três décadas, que terão enormes repercussões em termos sociais e econômicos. Há uma certa dificuldade, por parte da sociedade brasileira, até aquela com nível educacional mais elevado, em apreender estas...
Persistent link: https://www.econbiz.de/10005056981
Persistent link: https://www.econbiz.de/10005487270