scholarly journals The US Productivity Slowdown, the Baby Boom and Management Quality

2009 ◽  
Author(s):  
James Feyrer
Keyword(s):  
Baby Boom ◽  
Productivity Slowdown ◽  
Management Quality ◽  
The Us

scholarly journals Why the US science and engineering workforce is aging rapidly

2017 ◽  
Vol 114 (15) ◽  
pp. 3879-3884 ◽  
Author(s):  
David M. Blau ◽  
Bruce A. Weinberg
Keyword(s):  
Steady State ◽  
Significant Role ◽  
Baby Boom ◽  
Age Distribution ◽  
Scientific Progress ◽  
Mandatory Retirement ◽  
Demographic Model ◽  
Science And Engineering ◽  
The Us ◽  
Scientific Workforce

The science and engineering workforce has aged rapidly in recent years, both in absolute terms and relative to the workforce as a whole. This is a potential concern if the large number of older scientists crowds out younger scientists, making it difficult for them to establish independent careers. In addition, scientists are believed to be most creative earlier in their careers, so the aging of the workforce may slow the pace of scientific progress. We develop and simulate a demographic model, which shows that a substantial majority of recent aging is a result of the aging of the large baby boom cohort of scientists. However, changes in behavior have also played a significant role, in particular, a decline in the retirement rate of older scientists, induced in part by the elimination of mandatory retirement in universities in 1994. Furthermore, the age distribution of the scientific workforce is still adjusting. Current retirement rates and other determinants of employment in science imply a steady-state mean age 2.3 y higher than the 2008 level of 48.6.

scholarly journals Th e Enigma of US Productivity Slowdown: A Theoretical Analysis

2014 ◽  
Vol 1 (1) ◽  
pp. 7-15 ◽  
Author(s):  
Abdul Ghafoor Awan ◽  
Rana Ejaz Ali Khan
Keyword(s):  
Information Technology ◽  
Productivity Growth ◽  
Labour Productivity ◽  
Secondary Data ◽  
The United States ◽  
Research Approach ◽  
Productivity Slowdown ◽  
Us Economy ◽  
The Us ◽  
The World

Introduction: The economy of the United States is the number one economy of the world on the basis of its GDP size. Many economies of the world depend upon the working upon it. However, US economy has been facing the phenomena of labour productivity slowdown since 1973. The productivity grow was witnessed during 1990s decade due to revolution of information technology but it was proved transitory. To investigate this phenomenon the economists have been actively working and using different theoretical and empirical approaches. But it is still an enigma and its real cause has so far not been detected. The objective of the Study: The objective of this research study is to investigate why US economy has been facing productivity growth slowdown since long, what are its causes and what is its possible solution?. Methodology: The author has used qualitative research approach in which real economy sector and technology economy sector have been studied on the basis of secondary data collected from OECD, IMF, World Bank,etc. The individual share of these sectors in the US GDP has been determined to analyze their effects on productivity growth. The author has also compared goods and services sectors and their contribution into the US GDP. Findings: The results of study shows that no breakthrough or major innovation has occurred in the major sector of US economy. Information technology is a small sector and growth in this sector during 1990s has not brought any signifi cant impact on the US economy. The evidence shows that quality of patents is falling despite increasing number of researchers during the period of 1990-2010 and it refl ects diminishing return on R&D investment in the technology sector. The ratio of input/output is 40/100 which is totally against the concept of constant return to scale.

scholarly journals The Future of Social Work in Aging: “Everything Old is New Again”

10.18060/85 ◽  
2005 ◽  
Vol 6 (1) ◽  
pp. 121-131 ◽  
Author(s):  
Nancy P. Kropf ◽  
Margaret Adamek
Keyword(s):  
Older Adults ◽  
Social Work ◽  
Social Workers ◽  
Baby Boom ◽  
Cutting Edge ◽  
Older Adulthood ◽  
Research Education ◽  
Baby Boom Generation ◽  
The Us ◽  
Work Knowledge

With the aging of the baby boom generation, the number of older adults in the US will increase substantially. Using a biopsychosocial framework, this article presents cutting-edge of older adulthood and considers emerging roles of social workers with older adults and their families. Research, education, and policy perspectives that will advance social work knowledge, skills and resources in aging are proposed. Social work as a profession is challenged to lead the way in making “everything old new again.”

scholarly journals Did Improvements in Household Technology Cause the Baby Boom? Evidence from Electrification, Appliance Diffusion, and the Amish

2011 ◽  
Vol 3 (2) ◽  
pp. 189-217 ◽  
Author(s):  
Martha J Bailey ◽  
William J Collins
Keyword(s):  
Economic Theory ◽  
Baby Boom ◽  
Early Adulthood ◽  
County Level ◽  
Fertility Rates ◽  
Household Technology ◽  
The Us ◽  
Children Ever Born ◽  
Modern Technologies

We examine the hypothesis that advances in household technology caused the US baby boom, and we find no support for this claim. Advances in household technology occurred before the baby boom, while fertility declined. From 1940 to 1960, levels/changes in county-level appliance ownership and electrification negatively predict levels/changes in fertility rates. Exposure to electricity in early adulthood and children-ever-born are negatively correlated for the relevant cohorts. The Amish, who used modern technologies much less than other US households, experienced a coincident baby boom. This evidence can be reconciled with economic theory if other home-produced goods are substitutes with children. (JEL D12, J13, N32, N92, O33)

scholarly journals Challenges to Mismeasurement Explanations for the US Productivity Slowdown

2017 ◽  
Vol 31 (2) ◽  
pp. 165-186 ◽  
Author(s):  
Chad Syverson
Keyword(s):  
Information And Communication Technologies ◽  
Productivity Growth ◽  
Communication Technologies ◽  
The United States ◽  
Prima Facie ◽  
Research Literature ◽  
Prima Facie Case ◽  
Productivity Slowdown ◽  
The Us ◽  
Information And Communication

The United States has been experiencing a slowdown in measured labor productivity growth since 2004. A number of commentators and researchers have suggested that this slowdown is at least in part illusory because real output data have failed to capture the new and better products of the past decade. I conduct four disparate analyses, each of which offers empirical challenges to this “mismeasurement hypothesis.” First, the productivity slowdown has occurred in dozens of countries, and its size is unrelated to measures of the countries' consumption or production intensities of information and communication technologies (ICTs, the type of goods most often cited as sources of mismeasurement). Second, estimates from the existing research literature of the surplus created by internet-linked digital technologies fall far short of the $3 trillion or more of “missing output” resulting from the productivity growth slowdown. Third, if measurement problems were to account for even a modest share of this missing output, the properly measured output and productivity growth rates of industries that produce and service ICTs would have to have been multiples of their measured growth in the data. Fourth, while measured gross domestic income has been on average higher than measured gross domestic product since 2004—perhaps indicating workers are being paid to make products that are given away for free or at highly discounted prices—this trend actually began before the productivity slowdown and moreover reflects unusually high capital income rather than labor income (i.e., profits are unusually high). In combination, these complementary facets of evidence suggest that the reasonable prima facie case for the mismeasurement hypothesis faces real hurdles when confronted with the data.

Latino Post-Millennials

2017 ◽  
Author(s):  
David E. Hayes-Bautista
Keyword(s):  
Generation X ◽  
Millennial Generation ◽  
Baby Boom ◽  
College Campuses ◽  
Bilingual Children ◽  
Immigrant Parents ◽  
Highly Educated ◽  
The Us ◽  
Formative Experience ◽  
Hispanic White

Latinos make up over fifty percent of the post-millennial generation in California. Their formative experience is very different from that of non-Hispanic white post-millennials, who are the highly educated children of the highly educated baby boom and generation X parents. Latino post-millennials may be characterized as being largely the US-born, highly educated, bilingual children of immigrant parents, who have lived all their lives constantly targeted by nativist, anti-Latino rhetoric. These young Latinos are flocking to college campuses, and as they enter the labor force, their productivity will drive the state’s economy.

Sign in / Sign up

Export Citation Format

Share Document