Publications

Policy Note 2006/5 | July 2006

The Burden of Aging

Much Ado about Nothing, or Little to Do about Something?
Demographers and economists agree that we are aging—individually and collectively, nationally and globally. An aging population results from the twin demographic forces of fewer children per family and longer lives. Most experts recognize the burden that aging causes as the number of retirees supported by each worker rises. This trend is reinforced by the graying of the baby-boom generation, but burdens will continue to rise even after the boomers are buried—albeit at a slower pace.

Publication Highlight

Working Paper No. 1055
The Relation Between Budget Deficits and Growth: Complicated but Clear
Author(s): L. Randall Wray, Eric Lin
September 2024

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