Demographic structure and growth: The effect of unfunded social security

Hiroyuki Ito and Ken Tabata

Economics Letters, 2008, vol. 100, issue 2, 288-291

Abstract: This paper examines how demographics affect economic growth in an OLG model with unfunded social security. We derive two interesting results. First, the relationship between population growth and per capita output growth is hump shaped. Second, the relationship between life expectancy and per capita output growth is also hump shaped.

Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:100:y:2008:i:2:p:288-291

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