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Population Aging and the Maintenance of Social Support Systems

Author

Listed:
  • F.T. Denton
  • B.G. Spencer

Abstract

The baby boom generation is now well into middle age, and over the next few decades will reach old age. As the boom generation grows old the costs of maintaining existing social support systems will rise, and the ability or willingness to sustain those systems has been called into question. In this paper we discuss a number of issues related broadly to population aging in Canada and the associated social "costs," including the costs of public services. We conclude that while population-related cost increases should be expected, and reallocations of resources required, the overall increases should be of manageable proportions.

Suggested Citation

  • F.T. Denton & B.G. Spencer, 1996. "Population Aging and the Maintenance of Social Support Systems," Quantitative Studies in Economics and Population Research Reports 320, McMaster University.
    • Handle: RePEc:mcm:qseprr:320
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    Cited by:

    1. Frank T. Denton & Christine H. Feaver & Byron G. Spencer, 1997. "Immigration, Labour Force, and the Age Structure of the Population," Quantitative Studies in Economics and Population Research Reports 335, McMaster University.
    2. Frank T. Denton & Byron G. Spencer, 1998. "Economic Costs of Population Aging," Quantitative Studies in Economics and Population Research Reports 339, McMaster University.
    3. Frank T. Denton & Christine H. Feaver & Byron G. Spencer, 2005. "Population Aging in Canada: Software for Exploring the Implications for the Labour Force and the Productive Capacity of the Economy," Quantitative Studies in Economics and Population Research Reports 403, McMaster University.
    4. Frank T. Denton & Byron G. Spencer, 1999. "Population Aging and Its Economic Costs: A Survey of the Issues and Evidence," Quantitative Studies in Economics and Population Research Reports 340, McMaster University.
    5. Frank T. Denton & Byron G. Spencer, 1999. "Population Aging and Its Costs: A Survey of the Issues and Evidence," Department of Economics Working Papers 1999-03, McMaster University.

    More about this item

    Keywords

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    JEL classification:

    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General
    • 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

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