Population Ageing and Technological Change

Kinnunen, Jouko and Lisenkova, Katerina and Merette, Marcel and Wright, Robert E. (2014) Population Ageing and Technological Change. [Report]

[img]
Preview
Text (Kinnunen-etal-2014-Population-Ageing-and-Technological-Change)
Kinnunen_etal_2014_Population_Ageing_and_Technological_Change.pdf
Accepted Author Manuscript

Download (673kB)| Preview

    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.