Population aging

Arbeitspapier

Population aging is primarily the result of past declines in fertility, which produced a decadeslong period in which the ratio of dependents to working age adults was reduced. Rising old-age dependency in many countries represents the inevitable passing of this “demographic dividend.” Societies use three methods to transfer resources to people in dependent age groups: government, family, and personal saving. In developed countries, families are predominant in supporting children, while government is the main source of support for the elderly. The most important means by which aging will affect aggregate output is the distortion from taxes to fund PAYGO pensions.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Paper ; No. 2006-09

Classification and Topics

• Classification: Wirtschaft ; Demographic Economics: General ; Demographic Trends, Macroeconomic Effects, and Forecasts ; Social Security and Public Pensions
• Subject: Sparen ; Privater Transfer ; Generationenbeziehungen ; Welt ; Alternde Bevölkerung

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Weil, David N.
• Event: Veröffentlichung
• (who): Brown University, Department of Economics
• (where): Providence, RI
• (when): 2006

Further information

• Handle: http://hdl.handle.net/10419/80208
• Last update: 10.03.2025, 11:45 AM CET