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Effects of Long-Run Demographic Changes in a Multi-Country Model

The macroeconomic effects of population aging are explored using data for the G-7 countries and Australia. The link between changes in birth and mortality rates on the one hand, and dependency ratios on the other, is first discussed, then empirical evidence on the effects of dependency ratios on net...

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Bibliographic Details
Main Author: Masson, Paul
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1991
Series:IMF Working Papers
Subjects:
Population & Demography
Wealth
Investments, Foreign
Demographic Trends, Macroeconomic Effects, And Forecasts
Economics Of The Handicapped
Short-term Capital Movements
Non-labor Market Discrimination
Saving
Current Account Adjustment
Balance Of Payments
External Position
Long-term Capital Movements
Exports And Imports
Demographic Transition
Aging
International Economics
Economics Of The Elderly
National Accounts
Population Aging
Foreign Assets
Population And Demographics
Consumption; Economics
Demography
Forecasting And Other Model Applications
Current Account Balance
Consumption
Macroeconomics
Macroeconomics: Consumption
Demographic Change
International Investment
United States
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The macroeconomic effects of population aging are explored using data for the G-7 countries and Australia. The link between changes in birth and mortality rates on the one hand, and dependency ratios on the other, is first discussed, then empirical evidence on the effects of dependency ratios on net foreign asset positions and on consumption is presented. Simulations of changes in dependency ratios are then reported, using demographic projections to the year 2025. Finally, the plausibility of the implied changes in net foreign asset positions is discussed
Physical Description:34 pages
ISBN:9781451854534

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