Does age structure forecast economic growth?

Does age structure forecast economic growth?
David E. Bloom
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Last edited by MARC Bot
December 19, 2020 | History

Does age structure forecast economic growth?

Increases in the proportion of the working age population can yield a "demographic dividend" that enhances the rate of economic growth. We estimate the parameters of an economic growth model with a cross section of countries over the period 1960 to 1980 and investigate whether the inclusion of age structure improves the model's forecasts for the period 1980 to 2000. We find that including age structure improves the forecast, although there is evidence of parameter instability between periods with an unexplained growth slowdown in the second period. We use the model to generate growth forecasts for the period 2000 to 2020.

Publish Date
Language
English
Pages
42

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Edition Availability
Cover of: Does age structure forecast economic growth?
Does age structure forecast economic growth?
2007, National Bureau of Economic Research
in English

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Book Details


Edition Notes

"July 2007"

Includes bibliographical references (p. 22-24).

Also available in PDF from the NBER world wide web site (www.nber.org)

Published in
Cambridge, Mass
Series
NBER working paper series -- no. 13221., Working paper series (National Bureau of Economic Research) -- working paper no. 13221.

Classifications

Library of Congress
HB1

The Physical Object

Pagination
42 p. :
Number of pages
42

ID Numbers

Open Library
OL17634353M
LCCN
2007616366
OCLC/WorldCat
156979985

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December 19, 2020 Edited by MARC Bot import existing book
February 6, 2019 Created by MARC Bot import existing book