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Rising longevity, increasing the retirement age, and the consequences for knowledge-based long-run growth
Kuhn, Michael; Prettner, Klaus - 2020
We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by … the retirement age fosters economic growth. How economic growth changes in response to rising life expectancy depends on … the retirement response. Employing numerical analysis we find that the requirement for experiencing a growth stimulus from …
Persistent link: https://www.econbiz.de/10012156427
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Rising longevity, increasing the retirement age, and the consequences for knowledge-based long-run growth
Kuhn, Michael; Prettner, Klaus - 2020
We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by … the retirement age fosters economic growth. How economic growth changes in response to rising life expectancy depends on … the retirement response. Employing numerical analysis we find that the requirement for experiencing a growth stimulus from …
Persistent link: https://www.econbiz.de/10012195541
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Fewer babies and more robots : economic growth in a new era of demographic and technological changes
Jimeno, Juan F. - In: SERIEs : Journal of the Spanish Economic Association 10 (2019) 2, pp. 93-114
This paper surveys recent research on the macroeconomic implications of demographic and technological changes. Lower fertility and increasing longevity have implications on the age population structure and, therefore, on the balance between savings and investment. Jointly with meagre...
Persistent link: https://www.econbiz.de/10012033383
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Endogenous life expectancy and R&D-based economic growth
Tscheuschner, Paul - 2021
We propose an overlapping generations framework in which life expectancyis determined endogenously by governmental health investments. As a novelty, we are able to examine the feedback effects between life expectancy and R&D-driven economic growth for the transitional dynamics. We find that i)...
Persistent link: https://www.econbiz.de/10012430654
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Population aging and economic growth
Futagami, Koichi; Nakajima, Tetsuya - In: Journal of macroeconomics 23 (2001) 1, pp. 31-44
Persistent link: https://www.econbiz.de/10001553550
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On the long-run growth effect of raising the retirement age
Kuhn, Michael; Prettner, Klaus - 2016
We show that the long-run economic growth effect of an increase in the retirement age is unambiguously positive in …-by-doing-spillovers, in which an increase in the retirement age reduces physical capital accumulation and thereby economic growth. Our results …
Persistent link: https://www.econbiz.de/10011567734
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Longevity and technological change
Gehringer, Agnieszka; Prettner, Klaus - In: Macroeconomic dynamics 23 (2019) 4, pp. 1471-1503
Persistent link: https://www.econbiz.de/10012127165
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Population, pensions, and endogenous economic growth
Heer, Burkhard; Irmen, Andreas - 2008 - This Version: November 16, 2008
expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channel in a new …
Persistent link: https://www.econbiz.de/10003779148
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Population, pensions, and endogenous economic growth
Heer, Burkhard (contributor); Irmen, Andreas (contributor) - 2008
expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channel in a new …
Persistent link: https://www.econbiz.de/10003791799
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Population, pensions and endogenous economic growth
Heer, Burkhard; Irmen, Andreas - 2009
Persistent link: https://www.econbiz.de/10003813579