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• W2160590432 abstract "In this paper we study the implications of population ageing in an economy with a sizeable non-traded goods sector. To this effect a highly stylized micro-founded macro model is constructed in which the age structure of the population plays a non-trivial role. The model distinguishes separate birth and death probabilities (thus allowing for net population change), allows for age-dependent labour productivity (thus mimicing life-cycle saving), and includes a rudimentary pension system (thus allowing for intergenerational redistribution). The model is used to analytically study demographic and pension shocks." @default.
• W2160590432 created "2016-06-24" @default.
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• W2160590432 date "2006-12-01" @default.
• W2160590432 modified "2023-09-26" @default.
• W2160590432 title "Population ageing and pension reform in a small open economy with non-traded goods" @default.
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• W2160590432 doi "https://doi.org/10.1016/j.jedc.2005.08.001" @default.
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