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Demography of political economy : the baby-boom generation.

Belliveau, Stefan (2013): Demography of political economy : the baby-boom generation.

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Abstract

This working paper attributes a (potential) path of per-capita US output to demographic effects of the post-war baby boom. To the extent that the baby-boom generation predominates among age cohorts in the US population, a life-cycle model suggests a secular trend in per-capita GDP that is largely congruent with realized (and realizing) potential economic growth.

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