The purpose of this article is to identify the role of population size, population growth and population ageing in models of endogenous economic growth. While in exogenous growth models demographic variables are linked to economic prosperity mainly via the population size, the structure of the...

This paper employs a multi-country large scale Overlapping Generations model with uninsurable labor productivity and mortality risk to quantify the impact of the demographic transition towards an older population in industrialized countries on world-wide rates of return, international capital...

The Expert Panel on Older Workers made recommendations designed to increase the labour force participation of older workers. We explore the implications that higher rates of older-worker participation would have for the overall size and age composition of the labour force, for the productive...

Despite similar levels of per capita income, education, and technology the development of labour shares in OECD countries has displayed different patterns since 1960. The paper examines the role of demography in this regard. Employing an overlapping generations model we first examine the...

This paper examines the impact of demographic factors on saving, investment, and external balances. We derive a number of semi-structural equations from national accounting principle and the principle that external balances for the world as a whole must sum to zero. The resulting equations...

This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...

There is a rich literature analyzing the problems that will arise as the share of elderly and retired in the population increases in the near future. However, the locational decisions among the elderly as well as their implications in terms of taxes/transfers and of allocation of...

Der demographische Alterungsprozess ist nicht auf die Länder hohen Lebensstandards beschränkt. Der Alterslastquotient (das Verhältnis der Personen von 65 Jahren und älter zu den wirtschaftlich Aktiven zwischen 15 und 64 Jahren) ist z.B. auch in Afrika im Ansteigen begriffen. Jedoch ist der...

Die Auswirkungen des demographischen Wandels werden in den kommenden Jahren auch den Freistaat Sachsen erfassen. Die Bevölkerung wird zwischen den Jahren 2000 und 2020 um über 15% zurückgehen. Gleichzeitig steigt das Durchschnittsalter der Bevölkerung um 6 Jahre auf 49 Jahre an. Die Ursachen...

Die Bevölkerungsentwicklung in Deutschland ist durch niedrige Geburtenraten und sinkende Sterblichkeit gekennzeichnet. In Zukunft wird es immer weniger Menschen in Deutschland geben, die im Durchschnitt zudem deutlich älter sein werden als heute. Im vorliegenden Beitrag wird analysiert, wie...