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Modelling the Impact of Demographic Change Upon the Economy

Bibliographic Data

ID9710713
AuthorsDavid Miles (0000-0002-6387-0041, Imperial College London, corresponding author)
Year1999
Volume109
Issue452
Pages1-36
Publication date1999-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Economic Journal (JOURNAL)
Journal identifiersISSN: 0013-0133 • E-ISSN: 1468-0297
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1111/1468-0297.00389
OpenAlexW2125455464
LanguageEN
Citations received19
References cited4

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

  • Ageing, Pension Reform and Capital Flows

    Open Access•Axel Börsch‐supan, Alexander Ludwig et al.•Economica•2006

  • Macroeconomic and distributional effects of demographic change in an open economy—the case of Belgium

    Open Access•Willem Devriendt, FREDDY HEYLEN•Journal of Demographic Economics•2020

  • Demography and provisions for retirement

    Open Access•Bernard M S Van Praag, J Peter Hop•Journal of Demographic Economics•2021

  • Demographic Structure and Asset Returns

    James M Poterba•The Review of Economics and…•2001

  • The Non-Monotonic Older Adults’ Saving Behavior

    Open Access•Olfa Frini•Journal of Population Ageing•2026

  • Population Aging, Health Investment and Economic Growth

    Open Access•Yingzhu Yang, Rong Zheng et al.•International Journal of…•2021

  • Evaluating public policy responses to the economic burden of population ageing with application to Australia

    Open Access•Ross Guest•Journal of Population Research•2008

  • Estrutura etária e crescimento econômico

    Open Access•Lauana Rossetto Lazaretti, Pascoal José Marion Filho•Economía Sociedad y Territorio•2018

  • Demographic Change in the Asia-Pacific

    Ross Guest, Ross S Guest•Journal of the Asia Pacific Economy•2006

  • Modelling complex systems of heterogeneous agents to better design sustainability transitions policy

    Open Access•Jean-François Mercure, Hector Pollitt et al.•Global Environmental Change•2016

  • Savings–age profiles in the UK

    Open Access•David Demery, Nigel W Duck•Journal of Population Economics•2005

  • Consumption and population age structure

    Open Access•Solveig K Erlandsen, Solveig Erlandsen et al.•Journal of Population Economics•2006

  • Vieillissement et inégalités intergénérationnelles en France. Une approche par l'équilibre général

    Claire Loupias, Bertrand Crettez et al.•Revue économique•2002

  • Vieillissement et inégalités intergénérationnelles en France

    Frédéric Docquier, Philippe Liégeois et al.•Revue économique•2002

  • Vieillissement et inégalités intergénérationnelles en France

    Frédéric Docquier, Philippe Liégeois et al.•Revue économique•2002

  • Inégalité intergénérationnelle et recyclage d’une taxe carbone

    FRÉDÉRIC GONAND•Revue économique•2019

  • Demography as a forecasting tool

    Open Access•Thomas Lindh•Futures•2003

  • What is a Promise from the Government Worth? Quantifying Political Risk in State and Personal Pension Schemes in the United Kingdom

    Open Access•David Blake•Economica•2008

  • The Logic of Funding European Pension Restructuring and the Dangers of Financialisation

    Open Access•Ewald Engelen•Environment and Planning A…•2003

  • Dynamic fiscal policy

    Alan J Auerbach•Dynamic fiscal policy•1987

  • Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns

    Lars Peter Hansen, Kenneth J Singleton•Journal of Political Economy•1983

  • Domestic Saving and International Capital Flows

    Martin Feldstein, Charles Yuji Horioka et al.•The Economic Journal•1980

  • A Household Level Study of the Determinants of Incomes and Consumption

    Open Access•David Miles•The Economic Journal•1997

Unique citing works19
Citations per year0,76
Citation span2001 - 2026 (26)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 18
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