This paper simulates the macroeconomic effects of population aging in a dynamic overlapping generations model of a … small open economy. The model is calibrated to data for the Czech Republic, where population aging is proceeding at a pace … comparable to that in other advanced countries in Europe. Simulations show that population aging is likely to slow economic …

The paper develops a general equilibrium framework to examine the economic implications of population aging in Japan … assess the impact of aging on Japan's government finances; and (ii) compare fiscal policy options with respect to their … implications of population aging in Japan. Particular attention is paid to aggregate saving behavior which is modeled on the basis …

This paper explores the global impact of population aging, using a calibrated overlapping generations model of eight …

experience a significant aging of their populations during the next several decades. This paper explores how these aging Asian … countries are addressing and anticipating the challenges of an aging society. It suggests that Asia's preparedness for an aging …

due to population aging, pension reform proposals are also being considered. In this paper we assess the macroeconomic … GDP by 2012. Instead, raising the retirement age and prefunding future aging costs would be needed to keep debt below 60 …

, pension plan type, and size are important for administrative costs. The findings support the view that aging may lead to …

size of the welfare state. This is despite the increased political clout of the dependent population implied by the aging …