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LONG-TERM CORRELATIONS BETWEEN DEMOGRAPHIC VARIABLES AND ECONOMIC GROWTH

Lucian Albu () and Tiberiu Diaconescu

Studies in Business and Economics, 2009, vol. 4, issue 4, 5-28

Abstract: Starting from existing literature and some our recent studies, we developed several modelling schemes that could be useful to improve the strategies oriented to achieve a demographic and economic balance between generations. In this way, we can obtain simulations from a country or group of countries (European Union, for example) on long term and quantify the impact of demographic aging on macroeconomic aggregates, taking into account that usually standard macroeconomic models are general equilibrium models only on short and medium term and the population is considered as an exogenous variable.

Keywords: demographic aging; overlapping-generations model; demo-economic model; contour plot (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (1)

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