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Population Aging and Intergenerational Transfers : Introducing Age into National Accounts

Mason, Andrew W. - 2010

In all societies intergenerational transfers are large and have an important influence on inequality and growth. The development of each generation of youth depends on the resources that it receives from productive members of society for health, education, and sustenance. The well-being of the...

Persistent link: https://www.econbiz.de/10012760498

Economic Growth and the Demographic Transition

Bloom, David E.; Canning, David; Sevilla, Jaypee - 2021

For decades, economists and social thinkers have debated the influence of population change on economic growth. Three alternative positions define this debate: that population growth restricts, promotes, or is independent of economic growth. Proponents of each explanation can find evidence to...

Persistent link: https://www.econbiz.de/10013236999

Implications of Population Aging for Economic Growth

Bloom, David E. - 2011

The share of the population aged 60 and over is projected to increase in nearly every country in the world during 2005-2050. Population ageing will tend to lower both labor-force participation and savings rates, thereby raising concerns about a future slowing of economic growth. Our calculations...

Persistent link: https://www.econbiz.de/10013131060

The Economic Impact of Non-Communicable Disease in China and India : Estimates, Projections, and Comparisons

Bloom, David E. - 2013

This paper provides estimates of the economic impact of non-communicable diseases (NCDs) in China and India for the … five main NCDs will total USD 27.8 trillion for China and USD 6.2 trillion for India (in 2010 USD). For both countries, the … that the costs are much larger in China than in India mainly because of China's higher income and older population. Rough …

Persistent link: https://www.econbiz.de/10013077651

Further Comments on the Impact of the Asian Miracle on the Theory of Economic Growth

Fogel, Robert W. - 2010

China during the four decades between 2000 and 2040. The first concerns the source of the factors which make it likely that … China will continue to grow at a high rate for another generation. The paper argues that this growth will be the result of …

Persistent link: https://www.econbiz.de/10013148098

The Costs and Benefits of Caring : Aggregate Burdens of an Aging Population

Kydland, Finn - 2019

Throughout the 21st century, population aging in the United States will lead to increases in the number of elderly people requiring some form of living assistance which, as some argue, is to be seen as a burden on society, straining old-age insurance systems and requiring younger agents to...

Persistent link: https://www.econbiz.de/10012893609

Aging, Output Per Capita and Secular Stagnation

Eggertsson, Gauti - 2018

This paper re-examines the relationship between population aging and economic growth. We confirm previous research such as Cutler, Poterba, Sheiner, and Summers (1990) and Acemoglu and Restrepo (2017) that show positive correlation between measures of population aging and per-capita output...

Persistent link: https://www.econbiz.de/10012912537

Secular Stagnation? The Effect of Aging on Economic Growth in the Age of Automation

Acemoglu, Daron - 2017

Several recent theories emphasize the negative effects of an aging population on economic growth, either because of the lower labor force participation and productivity of older workers or because aging will create an excess of savings over desired investment, leading to secular stagnation. We...

Persistent link: https://www.econbiz.de/10012964893

Macroeconomics, Aging and Growth

Lee, Ronald D. - 2016

Inevitable population aging and slower population growth will affect the economies of all nations in ways influenced by cultural values, institutional arrangements, and economic incentives. One outcome will be a tendency toward increased capital intensity, higher wages, and lower returns on...

Persistent link: https://www.econbiz.de/10012989725

The Effect of Population Aging on Economic Growth, the Labor Force and Productivity

Maestas, Nicole - 2017

Population aging is widely assumed to have detrimental effects on economic growth yet there is little empirical evidence about the magnitude of its effects. This paper starts from the observation that many U.S. states have already experienced substantial growth in the size of their older...

Persistent link: https://www.econbiz.de/10012968653

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