This appendix provides further details on the data and the modeling strategy used in the chapter to analyze the global economic impact of demographic change (....).

We investigate the long-run growth of Europe in the world economy. The research covers the first half of the XXI° century. The basic trends that will shape the growth regime in the global economy are the demographic transition and the diffusion of technological progress. We use the framework of...

According to the standard economic approach, the level of redistribution in a democratic society is growing with the inequality of the income distribution. However, data do not support such a finding. In this article, we assert that the canonical model fails Örst in its basic assumption, the...

In most industrial countries, while the calculation of pension bene…ts is progressive, public pension systems redistribute weakly from high to low- income earners. They are close to actuarial fairness. This statement results from the following speci…city: less paid jobs are also heavier and...

In mainstream economics individuals are supposed driven only by their self interest. By contrast, in this article, in the line of a "new synthesis" in moral psychology we assert that the voting behavior over redistribution is best characterized by first an automatic cognitive process which...

Les perspectives démographiques françaises qui ont été retracées dans la première partie doivent être replacées dans un contexte mondial qui se caractérise par une certaine diversité des évolutions attendues au moins à l'horizon du prochain demi-siècle. Concernant les conséquences...

Dans lapproche standard en économie dite de "lélecteur médian égoïste", le niveau de redistribution dans une société démocratique est censé croître avec linégalité de la distribution du revenu. Or les nombreuses études empiriques menées sur la question invalident cette relation....

Departing from mainstream economics, surveys …rst show that individuals do care about fairness in their demand for redistribution. They also show that the cultural environment in which individuals grow up a¤ects heir preferences about redistribution. Including these two components of the...

In many European countries, due to population aging, the switch from conventional unfunded public pension systems to notional systems character- ized by individual accounts is in debate. In this article, we develop an OLG model in which endogenous growth is based on an accumulation of knowledge...

The ongoing pattern of capital flows is quite unusual. All emerging market economies finance American consumers who live beyond their means. This is clearly a misallocation of world saving that is unsustainable in the long run. The present paper uses the INGENUE2 worldwide growth model to shape...