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Macroeconomic Effects of Climate Change in an Aging World

Kara, Engin; Thakoor, Vimal - 2023

Climate and demographic changes are two major long-term trends that are evolving simultaneously. The global population is aging, while climate change is increasing the frequency and severity of weather-related disasters and lowering productivity. This paper examines the macroeconomic effects of...

Persistent link: https://www.econbiz.de/10014355520

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 …-sector general equilibrium model. Using a detailed structural model, we simulate demographic shocks of six regions in the world …, economic structure and trade patterns. The results suggest that demographic change in different regions of the world economy …

Persistent link: https://www.econbiz.de/10012838076

Interest rate effects of demographic changes in a New-Keynesian life-cycle framework

Kara, Engin; Thadden, Leopold von - 2010

This paper develops a small-scale DSGE model which embeds a demographic structure within a monetary policy framework. We extend the tractable, though non-monetary overlapping-generations model of Gertler (1999) and present a small synthesis model which combines the set-up of Gertler with a...

Persistent link: https://www.econbiz.de/10008746576

Interest Rate Effects of Demographic Changes in a New-Keynesian Life-Cycle Framework

Kara, Engin - 2010

Persistent link: https://www.econbiz.de/10013135617

Interest rate effects of demographic changes in a New-Keynesian life-cycle framework

Kara, Engin; von Thadden, Leopold - 2010

Persistent link: https://www.econbiz.de/10011605319

Global Macroeconomic Impacts of Demographic Change

Liu, Weifeng - 2020

The world has been experiencing dramatic demographic change since the 1950s, with almost all countries facing ageing … demographic shocks in six regions of the world economy to understand how each shock individually affects the world economy and … change will have significant impacts on each region's GDP, which will change the landscape of the world economy. However, the …

Persistent link: https://www.econbiz.de/10012838254

Population structure and consumption growth : evidence from National Transfer Accounts

Kuhn, Michael; Prettner, Klaus - 2015

We assess the impact of population structure on economic growth. Following recent research, we focus on the generational turnover as a key driver of consumption growth. We characterize the impact of the average birth and death rates on the generational turnover, depending on the age-profile of...

Persistent link: https://www.econbiz.de/10010477584