Economic Implications of Demographic Change: Diversity Dividend or Deficit&quest

Marta Tienda

Business Economics, 2016, vol. 51, issue 1, 17 pages

Abstract: The economic implications of demographic change depend on steadfast investments in research and development; replenishment of the human capital stock diminished by retiring Baby Boomers; and raising college attainment rates. This way the United States can leverage its diverse, fast-growing population to harness a demographic dividend—the productivity boost enabled by declining fertility—while also fueling economic growth, restocking the Social Security system, and bolstering global competitiveness.

Date: 2016
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