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Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations

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NBER2007-06-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w13185
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资源简介:
Demographic change has differential impacts on the welfare of current and future generations. In a simple closed economy, aging -- a relative scarcity of young workers -- increases wages, increasing the welfare of the young. At the same time, population aging will reduce rates of return to capital,
提供机构:
美国国家经济研究局
创建时间:
2007-06-01
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