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