The effects of the changing U.S. age distribution on various macroeconomic equations are examined in this paper. The equations include consumption, housing-investment, money-demand, and labor-force-participation equations. There seems to be enough variance in the age-distribution data to allow reasonably precise estimates of the effects of the age distribution on the macro variables. Copyright 1991 by American Economic Association.
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Volume (Year): 81 (1991) Issue (Month): 5 (December) Pages: 1276-94 Download reference. The following formats are available: HTML
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Hendry, David F. & Pagan, Adrian R. & Sargan, J.Denis, 1984.
"Dynamic specification,"
Handbook of Econometrics,
in: Z. Griliches†& M. D. Intriligator (ed.), Handbook of Econometrics, edition 1, volume 2, chapter 18, pages 1023-1100
Elsevier.
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von Furstenberg, George M, 1980.
"Private Saving,"
American Economic Review,
American Economic Association, vol. 70(2), pages 177-81, May.
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