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Growth and population aging: The Spanish case

Author

Listed:
  • Javier Quesada Ibáñez

    () (Instituto Valenciano de Investigaciones Económicas)

  • José García-Montalvo

    (Instituto Valenciano de Investigaciones Económicas)

Abstract

In this paper we present a projection of the future evolution of the population and of the dependency ratio in Spain. Several definitions of dependency ratios are derived, all with more economic content than the simple definition of this concept. Finally, the implications of these demographic changes for optimal consumption and saving behavior are analyzed by using, as analytical framework, a growth model with exogenous technical change. Este artículo presenta proyecciones de la población y la tasa de dependencia de la economía española basadas en escenarios alternativos. Los cálculos hacen uso de varias definiciones de la tasa de dependencia con mayor contenido económico que la definición más simple de este concepto. El artículo también presenta las implicaciones de cada una de las definiciones alternativas en función del escenario adoptado.

Suggested Citation

  • Javier Quesada Ibáñez & José García-Montalvo, 1996. "Growth and population aging: The Spanish case," Working Papers. Serie EC 1996-09, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  • Handle: RePEc:ivi:wpasec:1996-09
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    File URL: http://www.ivie.es/downloads/docs/wpasec/wpasec-1996-09.pdf
    File Function: Fisrt version / Primera version, 1996
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    Cited by:

    1. Vicente Calabuig Alcantara, 1997. "Ineficiencias en las negociaciones entre dos agentes completamente informados," Working Papers. Serie EC 1997-03, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).

    More about this item

    Keywords

    Tasa de dependencia; modelo de crecimiento neoclásico; tasa de ahorros Dependency ratio; neoclassical growth model; savings rate;

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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