Understanding the New Normal: The Role of Demographics
Understanding the New Normal: The Role of Demographics
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Publisher
London: Palgrave Macmillan UK
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Language
English
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Publisher
London: Palgrave Macmillan UK
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Scope and Contents
Contents
We calibrate an overlapping-generations model with a rich demographic structure to observed and projected changes in U.S. population, family composition, life expectancy, and labor market activity. The model indicates that demographic factors associated with the post-war baby boom pushed up real interest rates and real gross domestic product (GDP)...
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Full title
Understanding the New Normal: The Role of Demographics
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TN_cdi_proquest_journals_2529020123
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2529020123
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ISSN
2041-4161
E-ISSN
2041-417X
DOI
10.1057/s41308-021-00138-4