Entry and Profits in an Aging Economy: The Role of Consumer Inertia
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https://www.nber.org/papers/w33820
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资源简介:
Over the past four decades, the U.S. economy has seen a decline in the share of young firms alongside a rise in the profit share of GDP. This paper explores how population aging contributes to these twin trends through a demand-side channel. The core hypothesis is that younger households exhibit
提供机构:
美国国家经济研究局
创建时间:
2025-05-01



