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Chapter 13. Social Security and Public Insurance
Börsch-Supan, A.; Härtl, K.; Leite, D.N. - In: Handbook of the economics of population aging : Volume 1, (pp. 781-863). 2016
simulation exercises to make the challenges and controversies more transparent. The chapter begins with an institutional view of …
Persistent link: https://www.econbiz.de/10014023471
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Aging and Pension Reform : Extending the Retirement Age and Human Capital Formation
Vogel, Edgar - 2012
Projected demographic changes in industrialized countries will reduce the share of the working-age population. Analyses based on standard OLG models predict that these changes will increase the capital-labor ration. Hence, rates of return to capital decrease and wages increase with adverse...
Persistent link: https://www.econbiz.de/10013100505
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Aging and Pension Reform : Extending the Retirement Age and Human Capital Formation
Vogel, Edgar - 2012
Projected demographic changes in industrialized countries will reduce the share of the working-age population. Analyses based on standard OLG models predict that these changes will increase the capital-labor ratio. Hence, rates of return to capital decrease and wages increase with adverse...
Persistent link: https://www.econbiz.de/10013100571
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Macroeconomic Impacts of Global Demographic Change on Australia
Liu, Weifeng - 2020
The world will experience dramatic demographic change over this century. This paper examines the impacts of this global demographic change on the Australian economy at both the aggregate and sectoral levels in a global multi-region and multi-sector general equilibrium model. Using a detailed...
Persistent link: https://www.econbiz.de/10012838076
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Aging and Pension Reform in a Two-Region World : The Role of Human Capital
Vogel, Edgar; Ludwig, Alexander; Börsch-Supan, Axel H. - 2012
Projected demographic changes in industrialized countries will reduce the share of the working-age population. Analyses based on standard OLG models predict that these changes will increase the capital-labor ratio. Hence, rates of return to capital decrease and wages increase, which has adverse...
Persistent link: https://www.econbiz.de/10014172283
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Demographic change, technological advances, and growth : a cross-country analysis
Park, Cyn-Young; Shin, Kwanho; Kikkawa, Aiko - 2020
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 … working-age population lowers economic growth. We also investigate the effect of technological advances on the relation …
Persistent link: https://www.econbiz.de/10012242100
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Global Macroeconomic Impacts of Demographic Change
Liu, Weifeng - 2020
economic growth will significantly benefit from demographic dividends, demographic change does not improve per capita GDP. In …
Persistent link: https://www.econbiz.de/10012838254
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The Welfare State and the Demographic Dividend : A Cross-Country Comparison
Abio, Gemma - 2015
The sustainability of the welfare state is in doubt in many developed countries due to drastic population ageing. The extent of the problem and the margin for reforms depend - among other factors - on the size of the ageing process and the size of the public transfer system. The latter has a...
Persistent link: https://www.econbiz.de/10013010955
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A Cross-Country Analysis of Population Aging and Financial Security
Lyons, Angela - 2018
Throughout the world, policy makers are concerned about the impact that population aging will have on the financial security of households and nations. Key questions include: (1) are the aging, and soon to be aged populations, adequately preparing for old age? and (2) how does financial...
Persistent link: https://www.econbiz.de/10012933265
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Population Aging, Relative Prices and Capital Flows Across the Globe
Papetti, Andrea - 2021
savings become less profitable, thus lowering consumption at older ages. The model robustly predicts that faster …
Persistent link: https://www.econbiz.de/10013226468