Macroeconomics of aging

Thierry Betti, Mathieu Lefebvre and Pierre Pestieau

No 2023002, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: The purpose of this chapter is to analyze the effects that population aging, and specifically the increase in longevity, may have on capital accumulation and the welfare of society. Throughout our analysis, we use as back bone a two-period overlapping generation model with variable longevity, distinguishing between the case when longevity increase is exogenous and the case when it is endogenous, namely partially the responsibility of individuals or governments. In each section, we first provide the result arising from our central model and then review the relevant literature. Keywords: Longevity, OLG models, Capital accumulation.

Keywords: Longevity; OLG models; Capital accumulation (search for similar items in EconPapers)
JEL-codes: H55 I12 I13 J10 J11 (search for similar items in EconPapers)
Pages: 32
Date: 2023-01-01
New Economics Papers: this item is included in nep-age, nep-dem, nep-dge and nep-gro
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2023002

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