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...

Population aging is a problem common to many countries: an increasing proportion of retired people, a decreasing proportion of working age, and resultant downward pressure on national product per capita. We explore longer-run aspects of immigration as a policy instrument in this context. We...

A shift in population distribution toward older ages is underway in industrialised countries throughout the world and will continue well into the future. We provide a framework for isolating the pure effects of population aging on per capita GDP, employ the framework in calculations for twenty...