Fertility
There are a number of different ways, taking different factors into account, to measure fertility rate. In demography, fertility refers to the actual production of offspring, rather than the physical…
Age Structure, Population Growth, and Economic Development
The variation of populations over time, also known as population dynamics, depends on biological and environmental processes that determine population changes. A population’s growth rate is strongly influenced by the…
Birth and Death Rates, Natural Increase
Birth Rate is the term used to define the number of babies born every year per 1000 people in a population. Death Rate is the term used to define the number of…
Importance of Demography
With the majority of developing countries facing population explosion, the study of population and its problems has become very important in every sphere of an economy. We discuss them below:…
Scope of Demography
The scope of demography is very wide. It includes the subject matter of demography, is it a micro or macro study? Whether it is a science or art? These are…
Meaning of Demography
The word ‘Demography’ is a combination of two Greek words, ‘Demos’ meaning people and ‘Graphy’ meaning science. Thus demography is the science of people. In the middle of the nineteenth…
Demographic Implications for Fiscal and Other Government Policies
The rising share of older people will put significant pressure on Social Security and Medicare in the U.S., which are structured as pay-as-you-go programs, with current workers providing support for…
Demographic Implications for Monetary Policy
First, although monetary policy cannot affect the growth rate of potential output or the long-run natural rate of unemployment, it needs to take these into account as part of the…
Demographics and Their Implications for the Economy and Policy
I thank the organizers for inviting me to speak at the Cato Institute’s 35th annual monetary conference. To some of us, 35 seems relatively young, but for a conference series,…
THE PRICE LEVEL AND DEVELOPMENT
The idea of a self-regulating mechanism directly responsible to the needs of trade, either with inconvertible paper or as a supplement to a metallic base, was clearly a false scent.…
