Aging and the macroeconomy : long-term implications of an older population / Committee on the Long-Run Macroeconomic Effects of the Aging U.S. Population, Board on Mathematical Sciences and Their Applications, Division on Engineering and Physical Sciences, Committee on Population, Division of Behavioral and Social Sciences and Education, National Research Council of the National Academies.
2012
HB1531 .N38 2012 (Mapit)
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Title
Aging and the macroeconomy : long-term implications of an older population / Committee on the Long-Run Macroeconomic Effects of the Aging U.S. Population, Board on Mathematical Sciences and Their Applications, Division on Engineering and Physical Sciences, Committee on Population, Division of Behavioral and Social Sciences and Education, National Research Council of the National Academies.
Corporate Author
National Research Council (U.S.). Committee on the Long-Run Macroeconomic Effects of the Aging U.S. Population.
ISBN
9780309261968 (pbk.)
0309261961 (pbk.)
0309261961 (pbk.)
Imprint
Washington, D.C. : National Academies Press, c2012
Language
English
Description
xvi, 239 p. : ill. ; 23 cm.
Call Number
HB1531 .N38 2012
Summary
"The United States is in the midst of a major demographic shift. In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population: The ratio of people aged 65+ to people aged 20-64 will rise by 80%. This shift is happening for two reasons: people are living longer, and many couples are choosing to have fewer children and to have those children somewhat later in life. The resulting demographic shift will present the nation with economic challenges, both to absorb the costs and to leverage the benefits of an aging population. Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape"-- Publisher's summary.
Bibliography, etc. Note
Includes bibliographic references (p. 201-215).
Added Corporate Author
National Research Council (U.S.). Committee on the Long-Run Macroeconomic Effects of the Aging U.S. Population.
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Table of Contents
Introduction
Overview
Demographic Trends
Health and Disability in the Working-Age and Elderly Populations
Labor Force Participation and Retirement
Aging, Productivity, and Innovation
Saving and Retirement Security
Capital Markets and Rates of Return
The Outlook for Fiscal Policy
Research Recommendations
References
Appendixes
Appendix A: Population and Related Projections Made by the Committee
Appendix B: Biographical Sketches of Committee Members.
Overview
Demographic Trends
Health and Disability in the Working-Age and Elderly Populations
Labor Force Participation and Retirement
Aging, Productivity, and Innovation
Saving and Retirement Security
Capital Markets and Rates of Return
The Outlook for Fiscal Policy
Research Recommendations
References
Appendixes
Appendix A: Population and Related Projections Made by the Committee
Appendix B: Biographical Sketches of Committee Members.