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Population Ageing and Technological Change

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  • Robert E. Wright
  • Jouko Kinnunen
  • Katerina Lisenkova
  • Marcel Merette

Abstract

To model the economics impacts of population ageing in high-income countrie by estimating the scale of required technological change. Presentation of a over-lapping generations computable general equilibrium model. Population ageing is associated with low growth and large welfare losses. The scale of technological change needed to compensate for this is very large in historical terms.

Suggested Citation

  • Robert E. Wright & Jouko Kinnunen & Katerina Lisenkova & Marcel Merette, 2014. "Population Ageing and Technological Change," EcoMod2014 6918, EcoMod.
  • Handle: RePEc:ekd:006356:6918
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    File URL: http://ecomod.net/system/files/Wright%20Ecomod%202014.docx
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    Cited by:

    1. repec:eee:joecag:v:7:y:2016:i:c:p:125-142 is not listed on IDEAS
    2. von Gaessler, Anne Edle & Ziesemer, Thomas, 2016. "Optimal education in times of ageing: The dependency ratio in the Uzawa–Lucas growth model," The Journal of the Economics of Ageing, Elsevier, vol. 7(C), pages 125-142.

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    Keywords

    Calibration is for Scotland. ; General equilibrium modeling; Macroeconometric modeling;

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