Macroeconomic Effects and Policy Challenges of Population Aging

Macroeconomic Effects and Policy Challenges of Population Aging
This paper simulates the macroeconomic effects of population aging in a dynamic overlapping generations model of a small open economy. The model is calibrated to data for the Czech Republic, where population aging is proceeding at a pace comparable to that in other advanced countries in Europe. Simulations show that population aging is likely to... READ MORE...

Publication date: April 2006
ISBN 9781451863550
$15.00

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