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. Simu...

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Bibliographic Details
Main Author: Faruqee, Hamid
Other Authors: Tamirisa, Natalia
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/095
Online Access:Full text available on IMF