The Demographic Transition: Three Centuries of Fundamental Change
Journal of Economic Perspectives, 2003, vol. 17, issue 4, 167-190
The global demographic transition began around 1800 in Europe with declining mortality followed by declining fertility, trends which spread around the world and continue in this century. At the aggregate level, population size greatly increased, growth accelerated and declined with many countries now shrinking, and age distributions inevitably moved from young to old. Population aging has not yet run its course, Its effects exacerbated by declining retirement ages, straining pensions systems and prompting their reform. These aggregate demographic trends reflect profound changes in risks and behavior for individuals and families, and in the shape of the economic life cycle.
Note: DOI: 10.1257/089533003772034943
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (168) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:aea:jecper:v:17:y:2003:i:4:p:167-190
Ordering information: This journal article can be ordered from
Access Statistics for this article
Journal of Economic Perspectives is currently edited by David H. Autor
More articles in Journal of Economic Perspectives from American Economic Association Contact information at EDIRC.
Series data maintained by Jane Voros ().