Macroeconomic effects and policy challenges of population aging

Macroeconomic effects and policy challenges of population aging / prepared by Natalia T. Tamirisa and Hamid Faruqee.

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 Authors: Tamirisa, Natalia T. (Author), Faruqee, Hamid (Author)
Format: eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, IMF Institute, 2006.
Series:IMF working paper ; WP/06/95.
Subjects:
Population aging > Economic aspects.
Age distribution (Demography)
Online Access:Click for online access
Table of Contents:
  • Contents
  • I. INTRODUCTION
  • II. THEORY AND MODEL
  • III. CALIBRATION AND EXPERIMENTS
  • IV. SIMULATIONS
  • V. CONCLUSION
  • REFERENCES

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