Demographic shifts, such as population ageing, have been suggested as possible explanations for the recent decade …

finance public expenditure with an ageing population, if developments are as expected, the problem will not be very large …

facilitates investigation of distortionary effects of fiscal and pension policy responses to ageing. The model is calibrated to … the Finnish economy, which will encounter substantial ageing pressures in the near future. During the transition to an … older population structure ageing costs can be substantially lowered by allowing public funds to smooth out the tax …

ageing. When the responses of labour supply, wages, and hence private consumption, to higher taxation are consistently … accounted for, population ageing has clearly much larger effects on public finance, when compared to mechanical sustainability … burden of ageing. This is due to the fact that stochastic variation in the length of working time has only a relatively small …