Home > Events & News > Brown Bag Schedule . Archive

PSC In The News

RSS Feed icon

Kusunoki says contraception use patterns suggest greater risk of unintended pregnancy among poor

Groves keynote speaker at MIDAS symposium, Nov 15-16: "Big Data: Advancing Science, Changing the World"

Shaefer says drop child tax credit in favor of universal, direct investment in American children

More News


Gonzalez, Alter, and Dinov win NSF "Big Data Spokes" award for neuroscience network

Post-doc Melanie Wasserman wins dissertation award from Upjohn Institute

ISR kicks off DE&I initiative with lunchtime presentation: Oct 13, noon, 1430 ISR Thompson

U-M ranked #4 in USN&WR's top public universities

More Highlights

Next Brown Bag

Mon, Nov 7 at noon:

psc brown bag iconSome Macroeconomic Consequences of the Demographic Transition

Ron Lee (Center for Demography and Economics, University of California, Berkeley)

10/27/2008, at noon in room 6050 ISR-Thompson.

Declining mortality followed by declining fertility over the demographic transition initially produce decades of rising child dependency, then decades of improving support ratios as child dependency falls, which raises per capita consumption, other things equal, and finally lead to population aging. Population aging and the forces leading to it can produce not only frightening declines in support ratios, but also very substantial increases in productivity and per capita income by raising physical and human capital intensity. Longer life, lower fertility, and population aging all raise the demand for wealth to provide for old age consumption. This raises capital per worker despite declining aggregate saving rates, unless the increased demand for wealth is met through increased familial or public pension transfers for old age support:
institutions and policies matter. Lower fertility and mortality are associated with higher human capital investment per child, also raising labor productivity. Together, these positive changes will likely outweigh the problems of declining support ratios as population ages. The talk will draw on results from the National Transfer Accounts project to illustrate these points.

  View All