To model the economics impacts of population ageing in high-income countrie by estimating the scale of required technological change. Presentation of a over-lapping generations computable general equilibrium model. Population ageing is associated with low growth and large welfare losses. The scale of technological change needed to compensate for this is very large in historical terms.
|Place of Publication||Northampton, MA|
|Number of pages||21|
|Publication status||Published - 30 Apr 2014|
- calibration is for Scotland.
- general equilibrium modeling
- macroeconometric modeling