论文信息 - Population aging and economic growth

Population aging and economic growth

This paper investigates how population aging affects economic growth in a general equilibrium model of life cycle savings combined with endogenous growth. It shows that population aging is not necessarily a negative factor for growth. Introducing an old age pension system into the model, the paper also examines the effects of a policy of postponing the retirement age, and suggests that such a policy would slow growth.

Koichi Futagami | Tetsuya Nakajima

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