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Population Changes and Capital Accumulation: The Aging of the Baby Boom

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  • Ríos-Rull José-Víctor

    () (University of Pennsylvania)

Abstract

In this paper I explore the quantitative implications for savings of population aging. In doing so, I pay particular attention to some features that have been partially over-looked in the literature. These features include the details of the population aging process, the initial conditions with respect to assets holdings, and the relation between age and household size. In order to do so, I develop recursive methods capable of dealing with overlapping generations environments where the population is stochastic.

Suggested Citation

  • Ríos-Rull José-Víctor, 2001. "Population Changes and Capital Accumulation: The Aging of the Baby Boom," The B.E. Journal of Macroeconomics, De Gruyter, vol. 1(1), pages 1-48, May.
  • Handle: RePEc:bpj:bejmac:v:advances.1:y:2001:i:1:n:7
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