The fiscal impact of population change

Ryan Edwards () and Ronald Lee

Conference Series ; [Proceedings], 2001, vol. 46

Abstract: Population aging, and changing population age distributions, affect the fiscal situation through multiple channels, including the following: ; 1. Changing age distributions alter the per worker cost of providing a given age-vector of per capita benefits. For example, population aging will dramatically increase the costs of providing even existing benefits for Social Security and Medicare. ; 2. As a qualification to point 1, we note that fluctuations in population age distribution, for example, as caused by the baby boom in the United States, and transitional changes in age distribution, for example, as the population ages, add a dimension to the problem. Such changes can be considerably more dramatic than comparisons of steady states. They raise issues of intergenerational equity and risk-sharing.

Keywords: Demography; Economic conditions (search for similar items in EconPapers)
Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20)

Downloads: (external link)
http://www.bostonfed.org/economic/conf/conf46/conf46g1.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:fip:fedbcp:y:2001:n:46:x:16

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Conference Series ; [Proceedings] from Federal Reserve Bank of Boston Contact information at EDIRC.
Bibliographic data for series maintained by Catherine Spozio ().