Ríos-Rull, José-Víctor - In: Advances in Macroeconomics 1 (2001) advances/1/1, pp. 1008-1008
In this paper I explore the quantitative implications for savings of population aging. In doing so, I pay particular … reduction in aggregate savings due to changes in the age structure of the population is small. ii) If, however, the demographic … contribution of general equilibrium effects is to exacerbate the reduction of savings since population aging tends to make labor …