Population Aging, Productivity, and Living Standards

William Scarth
Additional contact information
William Scarth: Professor of Economics, McMaster University

A chapter in The Review of Economic Performance and Social Progress 2002: Towards a Social Understanding of Productivity, 2002, vol. 2 from Centre for the Study of Living Standards, The Institutute for Research on Public Policy

Abstract: In this chapter, William Scarth examines the relationship between population aging, productivity and growth in living standards and reaches a more optimistic conclusion about the effects of aging on productivity. Indeed, he finding that aging may in fact lead to increases in productivity, even if no policy initiative is taken. He argues that our economy possesses at least three adjustment mechanisms that insulate living standards from the adverse effects of an aging population.

Keywords: Aging; Ageing; Population Aging; Demography; Demographic Shift; Baby Boomers; Baby Boom; Dependence; Indebtedness; Debt; Investment; Productivity; Simulation; Growth; Consumption (search for similar items in EconPapers)
JEL-codes: E66 J11 J14 J24 J26 (search for similar items in EconPapers)
Date: 2002
ISBN: 0-88645-198-1
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.csls.ca/repsp/2/williamscarth.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sls:repsls:v:2:y:2002:bs

Ordering information: This item can be ordered from
http://www.csls.ca

Access Statistics for this chapter

More chapters in The Review of Economic Performance and Social Progress from Centre for the Study of Living Standards 170 Laurier Ave. W, Suite 604, Ottawa, ON K1P 5V5. Contact information at EDIRC., The Institutute for Research on Public Policy 1470 Peel Street, Suite 200, Montreal, QC H3A 1T1.
Bibliographic data for series maintained by CSLS ( this e-mail address is bad, please contact ).