Demography of political economy: the baby-boom generation

Stefan Belliveau

MPRA Paper from University Library of Munich, Germany

Abstract: This working paper attributes a (potential) path of per-capita US output to demographic effects of the post-war baby boom. To the extent that the baby-boom generation predominates among age cohorts in the US population, a life-cycle model suggests a secular trend in per-capita GDP that is largely congruent with realized (and realizing) potential economic growth.

Keywords: Demography, US, 1945-2046; economic growth; neoclassical growth model; population dynamics (search for similar items in EconPapers)
JEL-codes: J11 O41 (search for similar items in EconPapers)
Date: 2013-05-11
New Economics Papers: this item is included in nep-age, nep-dem, nep-dge and nep-pol
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:46912

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