Docquier, Frédéric; Liégeois, Philippe; Loupias, … - Solvay Brussels School of Economics and Management, … - 2002
This paper investigates the impact of demographic shocks and budgetary policy on the welfare of all generations. For this purpose, we build a large scale OLG model that captures most crucial variables for the analysis of population shocks conse- quences in France. We introduce life uncertainty...