Population Aging and Economic Growth

This paper investigates how population aging affects economic growth in a general equilibrium model of life cycle savings combined with endogenous growth. It shows that population aging is not necessarily a negative factor for growth. Introducing an old age pension system into the model, the paper also examines the effects of a policy of postponing the retirement age, and suggests that such a policy would slow growth

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Year of publication:	2001
Authors:	Nakajima, Tetsuya ; Futagami, Koichi
Publisher:	[S.l.] : SSRN
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Journal Of Macroeconomics, Vol. 23, No. 1, Winter 2001 Volltext nicht verfügbar
Classification:	E20 - Consumption, Saving, Production, Employment, and Investment. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014149594