Modelling the Impact of Demographic Change Upon the Economy

Dados Bibliográficos

ID9710713
AutoresDavid Miles (0000-0002-6387-0041, Imperial College London, autor correspondente)
Ano1999
Volume109
Fascículo452
Páginas1-36
Data de publicação1999-01-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoThe Economic Journal (JOURNAL)
Identificadores do periódicoISSN: 0013-0133 • E-ISSN: 1468-0297
EditoraOxford University Press (OUP) (PUBLISHER)
DOI10.1111/1468-0297.00389
OpenAlexW2125455464
IdiomaEN
Citações recebidas19
Referências citadas4

Over the next few decades there will be significant changes in the demographic structure of nearly all developed countries. Such dramatic demographic change could have a powerful impact upon saving behaviour, but estimates of how great the effects will be differ depending on what evidence is used. This paper argues that simulations based on calibrated general equilibrium models are likely to provide the most reliable evidence. A model is developed and is used to assess the impact of reforms to pension systems

Applied general equilibrium · Demographic change · Econometrics · Economics · General equilibrium theory · Macroeconomics · Pension · Pension system · Population · Sociology · demographic modeling and climate adaptation · Demography · Financial Literacy, Pension, Retirement Analysis · Global Health Care Issues