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Vieillissement démographique, longévité et épargne. Le cas du Maroc
[Ageing population, longevity and save. The case of Morocco]

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  • Loumrhari, Ghizlan

Abstract

In this paper we investigate empirically the relationship between population aging begins in Morocco and private savings. To do this, we use an overlapping generations model (OLG) and annual data from 1980 to 2010. Econometric estimates show that if the increase in the dependency ratio negatively affects the growth rate of savings, as predicted by the lifecycle theory, longevity to the contrary tends to stimulate the same savings. However, it seems that the first effect outweighs the second. Economic policies to promote private savings and incentives for households to have more children are needed to meet the challenge of severe aging population which will face Morocco in the coming decades.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 50649.

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Date of creation: Sep 2013
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Handle: RePEc:pra:mprapa:50649

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Keywords: Population aging; private saving; OLG model;

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