Globalisation financière, vieillissement et convergence mondiale. Une exploration de quelques scénarios

Jacques Le Cacheux
Authors registered in the RePEc Author Service: Vincent Touzé and Gilles Le Garrec ()

Revue de l'OFCE, 2002, vol. n° 83 bis, issue 5, 47-101

Abstract: The INGENUE model is a computable, general-equilibrium, overlapping-generations model of the world economy divided into six large regions. Its purpose is to analyze the consequences of demographic changes and of possible pension reforms in the developed countries on world economic aggregates and on international capital flows in a long-run perspective. The model comprises three developed regions and three developing and younger regions. The baseline scenario of the INGENUE model describes a world economy which, over the first half of the XXIth century, witnesses large capital transfers from developed and aging countries to developing and younger regions, in spite of a very slow process of international diffusion of technical progress. We then explore some extreme scenarios of international convergence of public pension systems, first within the group of developed countries, then extended to the whole world. JEL codes : F21, C68, D91, H55.

JEL-codes: C68 D91 F21 H55 (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (6)

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Related works:
Working Paper: Globalisation financière, vieillissement et convergence mondiale. Une exploration de quelques scenarios (2002)
Working Paper: Globalisation financière, vieillissement et convergence mondiale. Une exploration de quelques scenarios (2002)
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