"The life cycle of family size, at least in the U.S., has a very humped shape rather similar to that of income, though with a somewhat earlier peak. As a result, one might expect, and generally finds a fairly constant rate of saving in the central age group, but lower saving or even dissaving in the very young or old."
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JewsPeople from RomeEconomists from the United StatesNobel laureates in EconomicsEconomists from Italy
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Franco Modigliani
Franco Modigliani (June 18, 1918 – September 25, 2003) was an Italian-born American economist and professor at the and MIT Department of Economics, who won the in 1985.
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