attention, but aging poses many other economic challenges that threaten growth and living standards if they remain unaddressed …

This paper discusses the impact of aging on the financial equilibrium of the Tunisian retirement system and the …

Throughout the world, population aging is a major challenge that will continue well into the 21st century. While the … industrialized and less developed countries. To the extent that capital is internationally mobile, population aging will therefore … horizon. Our simulations suggest that capital flows from fast-aging industrial countries (such as Germany and Italy) to the …

Population aging and pension reform will have profound effects on international capital markets. First, demographic … reform shifts old-age provision towards more pre-funding. Third, while the patterns of population aging are similar in most …, population aging will induce capital flows between countries. All three effects influence the rate of return to capital and …

We present a quantitative analysis of international capital flows induced by differ-ential population aging and pension … aging are similar in most countries, timing and initial conditions differ substan-tially. Hence, to the extent that capital … is internationally mobile, population aging will induce capital flows between countries. In order to quantify these …

Throughout the world, population aging is a major challenge that will continue well into the 21 st century. While the … industrialized and less developed countries. To the extent that capital is internationally mobile, population aging will therefore … horizon. Our simulations suggest that capital flows from fast-aging industrial countries (such as Germany and Italy) to the …

Throughout the world, population aging is a major challenge that will continue well into the 21st century. While the … industrialized and less developed countries. To the extent that capital is internationally mobile, population aging will therefore … horizon. Our simulations suggest that capital flows from fast-aging industrial countries (such as Germany and Italy) to the …

We present a quantitative analysis of international capital flows induced by differential population aging and pension … aging are similar in most countries, timing and initial conditions differ substantially. Hence, to the extent that capital … is internationally mobile, population aging will induce capital flows between countries. In order to quantify these …