The Daily Stat: Dips in Youth Populations May Trigger Recessions

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile SEPTEMBER 10, 2012 Dips in Youth Populations May Trigger Recessions More than 70% of major declines in the proportion of 15-to-24-year-olds in the population have been associated with declines in GDP growth, according to a study of worldwide data from 1960 through 2005 by Diane J. Macunovich of the University of Redlands in California. A boom in the population of young people seems to boost producers' expectations, and the passing of the bubble causes defaults and bankruptcies, which prompt foreign investors to withdraw funds and speculators to unload the local currency. This appears to have been the pattern in four financial crises since 1980, as well as Japan's "lost decade," Macunovich says. Source: The role of demographics in precipitating economic downturns Share Today's Stat: FEATURED PRODUCT Better Decision Making Collection: How to Make the Right Choice Special Collection Why do smart and experienced managers keep believing they have made the right choice, even when negative results are staring them in the face? This specially-priced collection will help people at all levels understand the fundamental practices of effective decision making and negotiation skills so they can make better choices in both their professional and personal lives. ADVERTISEMENT Follow the Stat: BEST SELLERS HBR's 10 Must Reads: The Essentials HBR's Must Reads Library Set Guide to Persuasive Presentations Guide to Better Business Writing Guide to Getting the Right Work Done PREVIOUS STATS All of This Company's Employees Work from Home Anti-Atheist Bias Is Based on Distrust of Nonbelievers Men Are More Economically Impulsive When They Outnumber Women Being Agreeable Hurts Earnings, Especially for Men The Biggest Risk to Life at Work: Transport Incidents Reports of the Mainframe's Death Are Greatly Exaggerated Midskilled Jobs Are Shrinking Faster than Others in U.S. Walking Gains Greater Popularity Among Americans Aversion to Taxes Goes Beyond the Costs Moms Talk About Numbers More to Boys than Girls Introducing HBR's Morning Advantage The Harvard Business Review Morning Advantage delivers the latest business ideas from beyond HBR.org directly to your inbox every morning — and it is free! Sign up today >> UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "The Daily Stat" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. OPT OUT If you do not wish to receive any email messages from Harvard Business Review, click here. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2012 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)