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Smaller family sizes and ageing populations may reduce long-run savings rates

Curtis, Chad, Lugauer, Steven and Mark, Nelson (2015) Smaller family sizes and ageing populations may reduce long-run savings rates. International Growth Centre Blog (18 Nov 2015). Website.

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As developing countries embark on demographic transitions, the phenomenon of declining birth rates and family size becomes an increasingly important policy dilemma. Demography has implications for a country’s labour supply, savings rates, and capital formation, all of which shape and influence its economic growth. In today’s blog, the authors argue that increases in aggregate savings from declining family sizes may be transitory, and as populations begin ageing, a declining ratio of working-aged to retired workers may reduce long-run savings rates.

Item Type: Online resource (Website)
Official URL:
Additional Information: © 2015 The Author(s)
Divisions: International Growth Centre
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HM Sociology
H Social Sciences > HN Social history and conditions. Social problems. Social reform
H Social Sciences > HQ The family. Marriage. Woman
H Social Sciences > HT Communities. Classes. Races
J Political Science > JF Political institutions (General)
Date Deposited: 20 Jun 2017 13:44
Last Modified: 13 Oct 2021 23:22

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