Tag: total fertility rate
![Man touching a choice concept](https://crr.bc.edu/wp-content/uploads/2024/07/Man-touching-a-choice-concept-1536x1017.jpeg)
We know what we are dealing with, and can take steps to address it. The key metric used to summarize Social Security’s financial status is the 75-year deficit. This number is the present discounted value of scheduled taxes (plus the existing trust fund) minus the present discounted value of scheduled benefits divided by the present…
![Senior Healthcare Assistance in a Home](https://crr.bc.edu/wp-content/uploads/2022/11/health_long-term_care_2-1536x1024.jpg)
Abstract In the United States, the current birth rate has declined since the Great Recession. The question is whether this decline is a temporary response to the economic downturn or a drift to the lower levels seen in many other large developed countries. This paper identifies factors from the literature – both cyclical and structura…