Effects of the Changing U.S. Age Distribution on Macroeconomic Equations
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)
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