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Aging, Public Budgets, and the Need for Policy Reform

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  • Jørgen Elmeskov
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    Abstract

    Projections show that, without policy changes, population aging will lead to unsustainable developments in public budgets. Various policy options to address this challenge are reviewed. Particular emphasis is given to the incentives to retire early and the programs that generate these incentives. The requirements for labor markets to absorb an added supply of older workers are discussed. Copyright Blackwell Publishing Ltd 2004.

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    Bibliographic Info

    Article provided by Wiley Blackwell in its journal Review of International Economics.

    Volume (Year): 12 (2004)
    Issue (Month): 2 (05)
    Pages: 233-242

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    Handle: RePEc:bla:reviec:v:12:y:2004:i:2:p:233-242

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    Web page: http://www.blackwellpublishing.com/journal.asp?ref=0965-7576

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    Cited by:
    1. Renuga Nagarajan & Aurora A.C. Teixeira & Sandra T. Silva, 2013. "The impact of an ageing population on economic growth: an exploratory review of the main mechanisms," FEP Working Papers 504, Universidade do Porto, Faculdade de Economia do Porto.
    2. Nick Adnett & Stephen Hardy, 2007. "The peculiar case of age discrimination: Americanising the European social model?," European Journal of Law and Economics, Springer, vol. 23(1), pages 29-41, February.

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