Published in:McMaster University, Department of economics working paper series 2017-08
Extent:
1 Online-Ressource (29 p)
Language:
English
DOI:
10.2139/ssrn.2986179
Identifier:
Origination:
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 14, 2017 erstellt
Description:
A shift in population distribution toward older ages is underway in industrialised countries throughout the world and will continue well into the future. We provide a framework for isolating the pure effects of population aging on per capita GDP, employ the framework in calculations for twenty OECD countries, and derive the rates of productivity growth required to offset those effects. We consider also some labour-related changes that might provide offsets, for comparison with productivity