Boomers Have Played a Role in Changes in Productivity

Guillaume Vandenbroucke

The Regional Economist, 2017, vol. 25, issue 4

Abstract: In this article, I hypothesize that the two slowdowns are related to a single, common factor: the baby boom, that period from 1946 to 1957 when the birth rate increased by 20 percent. This hypothesis is not to say that the baby boom was entirely responsible for these two episodes of low productivity growth. Rather, it is to point out the mechanism through which the baby boom contributed to both. Exactly how much did the baby boom contribute to these slowdowns? The answer to that question is beyond the scope of this article.

Date: 2017
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