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来源类型Working Paper
规范类型报告
DOI10.3386/w26327
来源IDWorking Paper 26327
Population Aging and Structural Transformation
Javier Cravino; Andrei A. Levchenko; Marco Rojas
发表日期2019-09-30
出版年2019
语种英语
摘要We quantify the role of population aging in the structural transformation process. Household-level data from the U.S. show that the fraction of expenditures devoted to services increases with household age. We use a shift-share decomposition and a quantitative model to show that U.S. population aging accounted for about a fifth of the observed increase in the service share in consumption between 1982 and 2016. The contribution of population aging to the rise in the service share is about the same size as the contribution of real income growth, and about half as large as that of changes in relative prices.
主题Macroeconomics ; Consumption and Investment ; Development and Growth ; Development ; Growth and Productivity
URLhttps://www.nber.org/papers/w26327
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/583999
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GB/T 7714
Javier Cravino,Andrei A. Levchenko,Marco Rojas. Population Aging and Structural Transformation. 2019.
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