ageing and current account balances in OECD countries. First, the negative impact of population ageing on general savings … distinguishes between two groups: the ageing society and the aged society. Empirical results indicate that demographic changes, such … as dependency ratios, have no effect on current account balances in the ageing society group, but have a definite effect …

English Abstract: In this study, we analyze the impact of ageing on the public finance of Korea economy. Both … government revenue and government expenditure are considered to take into account the effect of ageing. Specifically, Park (2012 …) and Hur and Lee (2017) are used to analyze the impact of ageing on the government revenue. It is found that Korea …

capital across borders, however, the effect of population ageing could be different from that in the closed economic models … ageing deepens, both savings rate and investment rate could drop, which implies that the effect of population ageing on …

English Abstract: This paper studies the quantitative effects of population ageing caused mainly by declines in … mandatory retirement age on an ageing economy. A decrease in mortality rate raises aggregate capital input in the economy since … ageing by increasing both aggregate capital and labor inputs and reducing pension deficits …

longer forecast horizons for UK and Switzerland, but at shorter forecast horizons for Japan and Canada, although the …