The baby boomers and the productivity slowdown

The entry of baby boomers into the labor force in late 1960s and 1970s slowed growth for physical human capital per worker because young workers have little both. Thus, boom could contributed to productivity slowdown. I build calibrate a model à la Huggett et al. (2011) with exogenous population growth, life expectancy, retirement TFP evaluate this theory. alone accounts 53% slowdown period 1964-69, 18% 1970-74 6% 1975-79.