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Population Aging, Intergenerational Transfers and the Macroeconomy
     

Population Aging, Intergenerational Transfers and the Macroeconomy

by Robert L. Clark (Editor), Naohiro Ogawa (Editor), Andrew Mason (Editor)
 

Population aging is a global phenomenon that influences not only the industrialized countries of Asia and the West, but also many middle- and low- income countries that have experienced rapid fertility decline and achieved long life expectancies. This book explores how workers and consumers are responding to population aging and examines how economic growth,

Overview

Population aging is a global phenomenon that influences not only the industrialized countries of Asia and the West, but also many middle- and low- income countries that have experienced rapid fertility decline and achieved long life expectancies. This book explores how workers and consumers are responding to population aging and examines how economic growth, generational equity, trade and international capital flows are influenced by population aging.
The contributors draw on the experience of the developing and industrialized worlds and on countries in Asia, North America, and Europe. They offer new evidence about micro-level responses of labor force participation, earnings, and savings to actual and/or perceived demographic change. Their broad perspective on population aging spans the entire demographic transition and demonstrates the importance of effective policy response in the early stages of population aging. Also included are policy analyses that explore the use of tax policy, financial reform, and policies targeting immigration and procreation.
This insightful study will prove invaluable to students and scholars of population economics, public sector economics, welfare economics, social economics, and public finance. Pension analysts and government policymakers will find the material of great practical use.

Product Details

ISBN-13:
9781847200990
Publisher:
Elgar, Edward Publishing, Inc.
Publication date:
11/28/2007
Pages:
320

Meet the Author

Edited by Robert L. Clark, Professor of Economics and Professor of Management, Innovation and Entrepreneurship, North Carolina State University, US, Naohiro Ogawa, Deputy Director, Nihon University Population Research Institute and Professor, Advanced Research Institute for the Sciences and Humanities, Nihon University, Japan and Andrew Mason, Professor of Economics, University of Hawaii at Manoa and Senior Fellow, Population and Health Studies, East–West Center, Hawaii, US

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