Baby Boomer Age Wave Theory
What is ‘Baby Boomer Age Wave Theory ‘
An economic theory popularized by economist and writer Harry Dent, who concludes that the U.S. and other European markets will peak between 2008 and 2012. This is based on Dent’s finding that a human’s consumer spending habits peak by age 50; therefore, as the baby boomer generation reaches this age, the economy may be approaching a peak in consumer spending and in the markets.
Explaining ‘Baby Boomer Age Wave Theory ‘
Because American soldiers returned from WWII earlier than European soldiers, the theory concludes that markets in the U.S. will peak around 2008, while European markets will peak around 2012.
Further Reading
- Organizing the baby boomer construct: An exploration of marketing, social systems, and culture – www.tandfonline.com [PDF]
- The third age and the baby boomers – journal.ep.liu.se [PDF]
- Baby boomers mature and gerontological counseling comes of age – onlinelibrary.wiley.com [PDF]
- Marketing the leisure experience to baby boomers and older tourists – www.tandfonline.com [PDF]
- Quality of life aspirations: Exploring baby-boomer financial means-end goal structures – link.springer.com [PDF]
- Counselling Australian baby boomers: Examining the loss and grief issues facing aging distance-separated sibling dyads – www.tandfonline.com [PDF]
- The potential role of housing equity in a looming baby boomer retirement cash-flow crisis: An Australian perspective – www.tandfonline.com [PDF]
- The socially aware baby boomer: Gaining a lifestyle-based understanding of the new wave of ecotourists – www.tandfonline.com [PDF]
- Baby boomer retirement security: The roles of planning, financial literacy, and housing wealth – www.sciencedirect.com [PDF]
- The Baby Boom Age Wave: Population Success or Tsunami? – books.google.com [PDF]
