Full Citation

Title: Innovation in an Aging Economy

Citation Type: Miscellaneous

Publication Year: 2022

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Abstract: The US and other developed nations have experienced two concurrent phenomena over the previous two decades: Slow productivity growth and rapid workforce aging. In this paper I argue that both phenomena are linked through a demand channel. Following an instrumental variable strategy I provide evidence for a causal link between workforce aging and lower innovation.

Url: https://nilslehr.com/publication/lehr_2022_iae/lehr_2022_iae.pdf

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Authors: Lehr, Nils H

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Data Collections: IPUMS USA, IPUMS USA - Ancestry Full Count Data

Topics: Aging and Retirement, Labor Force and Occupational Structure

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