Effects of Long-Run Demographic Changes in a Multi-Country Model

Effects of Long-Run Demographic Changes in a Multi-Country Model
The macroeconomic effects of population aging are explored using data for the G-7 countries and Australia. The link between changes in birth and mortality rates on the one hand, and dependency ratios on the other, is first discussed, then empirical evidence on the effects of dependency ratios on net foreign asset positions and on consumption is... READ MORE...

Publication date: December 1991
ISBN 9781451854534
$15.00

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