The presentation intends to analyse population change in Romania after 1989 in a regional prospective. Absolute population change and the changes in the age structure as well as internal and international migrations are put into relation to the labour market changes. In the last two decades the...

The study analyses the demographic changes in five countries of the Western Balkans - Albania, Bosnia and Herzegovina, Montenegro, North Macedonia, and Serbia - which are associated with and are potential candidates for European Union (EU) member states. Due to a lack of data, Kosovo was...

The aim of this paper is to study the long-run effects of a longevity increase on individual decisions about education and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account. We build a model of a closed economy inhabited by...

The progressive ageing process concerns both Poland and the other Member States of the European Union. In recent years, the share of workers of non-mobile and post-productive age in the total population has been rising, and according to forecasts, in 2035 people aged 45 years and over will...

This paper applies a computable overlapping generations model (OLG) to Korea's population projection. While previous works feed into their models total factor productivity (TFP) recovered from growth accounting, or assume a fixed level of it, this study attempts to fit TFP growth to match...

We study the role of health care within a continuous time economy of overlapping generations subject to endogenous mortality. The economy consists of two sectors: final goods production and a health care sector, selling medical services to individuals. Individuals demand health care with a view...

This paper revisits the impact of population aging on economic growth. In order to understand the impact of population aging on economic growth, it is important to consider the changes in the entire age distribution of demography. Our empirical analysis indicates that a change in age...

Immigration is a possible instrument for offsetting longer-run adverse effects of population aging on per capita income. Our "laboratory" is a fictional country Alpha to which we assign demographic characteristics typical of a country experiencing population aging. Simulations indicate that a...

We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by purposeful research and development. In contrast to economies in which growth depends on learning-by-doing spillovers, raising the retirement age fosters economic growth. How...