.However, due to ageing, in reality it holds most of the time that newer capital goods are more productive. Implications of this …

This paper analyses the effects of reducing unfunded social security and population ageing on economic growth and … raises productivity growth in a closed economy, both in the short and long run. Furthermore, ageing will lead to a lower long …-run rate of economic growth in a small open economy, whereas in the short run, the effects depend on the type of ageing and the …

This paper analyses the eeffects of ageing and child support in a model with endogenous fertility and Pay …

In this paper we analyse the effects of ageing in a small open economy with a representative government. More specific …, we adress the question whether in case of ageing a transition from an unfunded to a more funded pension scheme is … savings, the economy is trapped at the preexisting level of saving and ageing leads to an increase of the PAYG tax. However …

This paper explores the international spillover effects of ageing through capital markets when countries have different … pension schemes.Two forms of population ageing are considered, namely an increase in longevity and a fall in fertility.It is …