This paper analyzes the impact on age group wage differentials in a setting of imperfect labor substitution at different ages (years) of working life. We examine the wage prospect of assuming medium, high, and low levels of fertility during the population projection period (2020-2090). Main...

This paper applies a simulation model to identify the impact of prospective demographic change on average living standards over the next 50 years in each of 12 Asia-Pacific countries. The impact on living standards depends on the country's stage of demographic transition. For countries that are...