Economics

Study: Aging population could be a drag on economic growth

ECONOMICS - People are living longer and birth rates are declining, and that could hamper growth of the U.S. gross domestic product, the monetary sum of goods and services, according to an April 2023 paper published in American Economic Journal: Macroeconomics. University of Oregon Associate Professor and Petrone Chair of Economics Kathleen Mullen is a co-author of the study.