The baby boom, the baby bust, and the housing market
نویسندگان
چکیده
منابع مشابه
The baby boom, the baby bust, and the housing market.
This paper explores the impact of demographic changes on the housing market in the US, 1st by reviewing the facts about the Baby Boom, 2nd by linking age and housing demand using census data for 1970 and 1980, 3rd by computing the effect of demand on price of housing and on the quantity of residential capital, and last by constructing a theoretical model to plot the predictability of the jump i...
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The fertility of American women over the last 200 years has two salient features, portrayed in Figure 1. First, it has declined drastically. The average white woman bore 7 children in 1800. By 1990 this had dropped to just 2. This decline in fertility ran unabated during the 140-year period between 1800 and 1940. Second, fertility showed a surprising recovery between the mid1940s and mid-1960s....
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This paper addresses two issues. The first is whether demographic change was plausibly responsible for the run-up in stock prices over the last decade, and whether the attempt by the baby boom cohort to cash out of its investments in the period 2010-30 might lead to an “asset meltdown.” The second issue is whether the rise in dependency that will accompany the retirement of the baby boom cohort...
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W E read with interest the article published in this issue of ANESTHESIOL-OGY by Orkin et al. 1 reporting on factors influencing retirement decisions by American anesthesiologists. The study employed a cross-sectional survey of anesthesiologists aged 50–79 yr, using a survey design to evaluate the decision matrix of retirement. Significant findings included: (1) retirement age has increased; (2...
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In this paper, I extend the Barro-Becker model of endogenous fertility to incorporate specific fiscal policies and use it to study the effects of the fiscal policy changes following WWII on fertility in the United States. The US government went through large changes in fiscal policy after the beginning of WWII. The marginal income tax rate for an average American jumped from 4% on average befor...
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ژورنال
عنوان ژورنال: Regional Science and Urban Economics
سال: 1989
ISSN: 0166-0462
DOI: 10.1016/0166-0462(89)90005-7