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...

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Détails bibliographiques
Auteur principal: Masson, Paul
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1991.
Collection:IMF Working Papers; Working Paper ; No. 1991/123
Accès en ligne:Full text available on IMF
Description
Résumé: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 presented. Simulations of changes in dependency ratios are then reported, using demographic projections to the year 2025. Finally, the plausibility of the implied changes in net foreign asset positions is discussed.
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Description matérielle:1 online resource (34 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Accès:Electronic access restricted to authorized BRAC University faculty, staff and students