The End of Economic Growth? Unintended Consequences of a Declining Population / Charles I. Jones.

Format:

Book

Author/Creator:

Jones, Charles I.

Contributor:

National Bureau of Economic Research.

Series:

Working Paper Series (National Bureau of Economic Research) no. w26651.

NBER working paper series no. w26651

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2020.

Summary:

In many models, economic growth is driven by people discovering new ideas. These models typically assume either a constant or a growing population. However, in high income countries today, fertility is already below its replacement rate: women are having fewer than two children on average. It is a distinct possibility -- highlighted in the recent book, "Empty Planet" -- that global population will decline rather than stabilize in the long run. What happens to economic growth when population growth turns negative?

Notes:

Print version record

January 2020.