In the Media

Bloomberg’s Daniel Moss features a paper by Prof. Daron Acemoglu and Prof. David Autor that finds lower birthrates and aging populations between 1970 and 2020 have increased the average Gross Domestic Product (GDP) per worker. “Our findings challenge the prevailing pessimism: lower birth rates, and the aging and shrinking populations they have produced, have raised rather than lowered GDP per worker during these decades,” says Acemoglu.