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Pensiones, crecimiento y envejecimiento de la población

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Abstract

Using a model with endogenous growth and overlapping generations as its base, this paper analyzes the relationship between the ageing of the population and the rate of economic growth in an open economy. The results suggest that population ageing can decrease the economic growth rate in the long run.

Suggested Citation

  • Julio López Díaz & Zenón J. Ridruejo, 2003. "Pensiones, crecimiento y envejecimiento de la población," Investigaciones Economicas, Fundación SEPI, vol. 27(2), pages 343-367, May.
  • Handle: RePEc:iec:inveco:v:27:y:2003:i:2:p:343-367
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    More about this item

    Keywords

    Social Security; human capital; endogenous growth; overlapping generations; life expectancy.;

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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