| Effects of the Changing U.S. Age Distribution on Macroeconomic Equations. | |||||||
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. Copyright 1991 by American Economic Association. | |||||||
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