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American Economic Review Vol. 81 No. 5 1991

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

Ray C. Fair; Kathryn M. Dominguez

Abstract

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.

Volume
81
Issue
5
Pages
1276-1294
Sources
bibtex:phds-export.bib

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