Abstract
While some attention has been given by social scientists to the possible effects of such changes in the age composition of the whole population as will be precipitated by a continuation of the decline in fertility and net reproduction, none has been devoted to the possible economic consequences of a marked alteration of the age composition of the population of working age (say zo-64, or 2.o-69, or 18-65).' These possible consequences, and the means whereby they may be prevented or counterbalanced, will be examined in this paper. In Section I the media through which changes in the age composition of the working population may influence the level of employment and income are distinguished. In Section II prospective changes in age composition are summarized. In subsequent sections the consequences of these age changes are analyzed in terms of Section I, and means whereby these consequences may be mitigated are considered.
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