Journal Article
Don't worry, we'll grow out of it: an analysis of demographics, consumer spending, and foreign debt
Abstract: An analysis of the impact of the baby-boom generation's inrush into the work force on consumer spending, debt, and foreign investment, finding evidence that age demographics are a strong determinant of aggregate household consumption.
Keywords: Demography; Investments, Foreign - United States; Consumption (Economics);
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1990
Issue: Oct
Order Number: 1