Introduction -- The demography of population aging -- First principles of population aging -- The demographic transition in slow motion -- The demographic transition in real time -- Population aging and dependency -- International variation in old age dependency ratios -- Consumption and...

Over coming decades changes in population age structure will have profound implications for the macroeconomy, influencing economic growth, generational equity, human capital, saving and investment, and the sustainability of public and private transfer systems. This volume examines this complex topic