Using an empirical age-period-cohort model we analyze the effects of different Pay-As-You-Go (PAYG) public pension systems on financial imbalance, on inequality in permanent income, and on the rate of return of social security assets of heterogeneous agents in terms of gender and education....

In this article, an updated approach to investigate the effects of demographic fac- tors on economic growth is proposed. The initial hypothesis was that these factors significantly affected production proportions, determining development vectors. The predictable shifts in production dynamics are...

It is attempted to explore the role of change in age-structure and human capital in economic growth of developing countries. A disaggregated panel analysis of 67 developing economies across regions and income groups over the time period of 1960-2014 is conducted. Difference Generalized Method of...