Economics of Changing Age Distributions in Developed Countries

by Lee, Ronald D.; Arthur, W. Brian; Rodgers, Gerry

• ISBN13: 9780198288879
• ISBN10: 0198288875
• Format: Paperback
• Copyright: 1995-08-24
• Publisher: Oxford University Press

Summary

The past century has seen dramatic changes in the demographic situation in developed countries. Declining fertility, increasing life expectancy, and widely-varying birth rates have all worked to create dents and bulges in the population age distribution, with many social and economic side-effects. In this book, an international group of eminent scholars analyze changes in America, Britain, Israel, and Japan, presenting the latest economic research on these issues.

Table of Contents

Preface	p. v
Contributors	p. x
Introduction to Volume	p. 1
Endnotes	p. 4
Cohort Size, Wages, and Unemployment	p. 7
Introduction Demographic Fluctuations and Labour Markets	p. 9
Market, Government, and Israel's Muted Baby Boom	p. 12
Market, Government, and Israel's Muted Baby Boom	p. 32
Endnotes	p. 33
References	p. 37
Cohort Size and Earnings in the Usa	p. 39
Endnotes	p. 57
Appendix: Insensitivity of Predicted Wage Profiles to Normalization	p. 57
Appendix: Insensitivity of Predicted Wage Profiles to Normalization	p. 58
The Effect of Cohort Size on Relative Wages in Japan	p. 59
Endnotes	p. 74
References	p. 74
British Labour Market Responses to Age Distribution Changes	p. 76
References	p. 86
Fertility, Age Distribution, and Intergenerational Relations	p. 87
Introduction Intergenerational Relations	p. 89
Some Demographic Properties of Transfer Schemes: How to Achieve Equity Between the Generations	p. 92
References	p. 105
Life Cycles, Institutions, and Population Growth: A Theory of the Equilibrium Interest Rate in an Overlapping Generations Model	p. 106
Endnotes	p. 136
Macroeconomic Consequences of the 'New Home Economics'	p. 139
Endnotes	p. 149
Endnotes	p. 150
Population and Demand Patterns	p. 151
Introduction Demand Patterns	p. 154
Changing Demographic Patterns and the Housing Market with Special Reference to Great Britain	p. 155
	p. 179
	p. 180
	p. 181
Endogenous Versus Exogenous Fertility: What Difference for the Macroeconomy?	p. 183
Endnotes	p. 208
Endnotes	p. 209
Endnotes	p. 212
Endnotes	p. 213
Index	p. 217
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