The age distribution and business cycle volatility: International evidence

Steven Lugauer and Michael Redmond

Economics Letters, 2012, vol. 117, issue 3, 694-696

Abstract: We estimate the age distribution’s effect on business cycle fluctuations across a large number of countries. A 10 percentage point increase in the middle-aged share of the population decreases output volatility by 15 percent for the average country.

Keywords: Business cycles; Demographics; Panel data (search for similar items in EconPapers)
JEL-codes: E32 J10 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:117:y:2012:i:3:p:694-696

DOI: 10.1016/j.econlet.2011.12.085

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