IMF Staff papers, Volume 37 No. 3.
This paper analyzes macroeconomic effects of projected population aging in industrial countries. The effects of population aging are examined with a theoretical model and simulations of the IMF's multiregion econometric model (MULTIMOD). The study highlights that an older population will consum...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
1990.
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| Series: | IMF Staff Papers; IMF Staff Papers ;
No. 1990/003 |
| Online Access: | Full text available on IMF |
| Summary: | This paper analyzes macroeconomic effects of projected population aging in industrial countries. The effects of population aging are examined with a theoretical model and simulations of the IMF's multiregion econometric model (MULTIMOD). The study highlights that an older population will consume more of aggregate disposable income, require higher government expenditure, and decrease labor supply. These effects should raise real interest rates and lower capital stock and output. Effects on current balances will depend on the relative speed and extent of aging. |
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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (292 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1020-7635 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |