Demographics and Productivity: Drivers of Economic Growth

November 2023

Authors

Max Rudolph, FSA, CFA, CERA, MAAA
Rudolph Financial Consulting, LLC

Description

The Society of Actuaries’ Committee on Finance Research and Investment Section are pleased to make available a research report which explores gross domestic product (GDP) as a metric of economic growth. The components of GDP are discussed with respect to changes in population and demographics along with productivity. The report also includes analysis of factors that impact growth and how these factors may be considered for various objectives.

Report

Demographics and Productivity: Drivers of Economic Growth

Podcast

Demographics & Productivity: Drivers of Economic Growth

Acknowledgments

The Society of Actuaries would like to thank the Project Oversight Group for their guidance and input:

Marc Altschull
Akin Bruce
Mengting Kim
James Kosinski
Robert Reitano
Ting Hin Siu
Haiyang Zhang
Barbara Scott, SOA Sr. Research Administrator
Steven Siegel, SOA Sr. Practice Research Actuary

Questions or Comments?

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If you have comments or questions, please send an email to research@soa.org.