Long-Term Correlations Between Demographic Variables And Economic Growth
AbstractStarting from existing literature and some our recent studies, we developed several modelling schemes that could be useful to improve the strategies oriented to achieve a demographic and economic balance between generations. In this way, we can obtain simulations from a country or group of countries (European Union, for example) on long term and quantify the impact of demographic aging on macroeconomic aggregates, taking into account that usually standard macroeconomic models are general equilibrium models only on short and medium term and the population is considered as an exogenous variable.
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Bibliographic InfoArticle provided by Lucian Blaga University of Sibiu, Faculty of Economic Sciences in its journal Studies in Business and Economics.
Volume (Year): 4 (2009)
Issue (Month): 4 (december)
Contact details of provider:
Postal: Lucian Blaga University of Sibiu, Faculty of Economic Sciences Dumbravii Avenue, No.17, postal code 550324, Sibiu, Romania
Phone: 004 0269 210375
Fax: 004 0269 210375
Web page: http://economice.ulbsibiu.ro/
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demographic aging; overlapping-generations model; demo-economic model; contour plot;
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- Erik Canton & Bert Minne & Ate Nieuwenhuis & Bert Smid & Marc van der Steeg, 2005. "Human capital, R&D, and competition in macroeconomic analysis," CPB Document 91, CPB Netherlands Bureau for Economic Policy Analysis.
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