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The present article surveys recent studies which analyse specific aspects of the impact of demographic changes on international capital markets. We first present the most recent population trends in important OECD countries, then we discuss the consequences for aggregate world savings, interest...
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The world's leading economies, both developed and developing, are engaged in an ever-changing economic symbiosis that is governed in large part by demographics and technological change, but also by pension, healthcare, and other fiscal policies. This interconnected economic evolution--what...
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This chapter examines the micro- and macroeconomic effects of generational policies using closed and open general equilibrium dynamic life-cycle models. The models illustrate the broad array of demographic, economic, and policy issues that can be simultaneously incorporated within today’s...
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