Population Aging and the Maintenance of Social Support Systems

Frank Denton and Byron Spencer

Independence and Economic Security of the Older Population Research Papers from McMaster University

Abstract: The baby boom generation is now well into middle age, and over the next few decades will reach old age. As the boom generation grows old the costs of maintaining existing social support systems will rise, and the ability or willingness to sustain those systems has been called into question. In this paper we discuss a number of issues related broadly to population aging in Canada and the associated social "costs," including the costs of public services. We conclude that while population-related cost increases should be expected, and reallocations of resources required, the overall increases should be of manageable proportions.

Keywords: population aging; social support systems; baby boom (search for similar items in EconPapers)
JEL-codes: J10 J11 J14 (search for similar items in EconPapers)
Pages: 23 pages
Date: 1996-09
New Economics Papers: this item is included in nep-hea, nep-pbe and nep-pub
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Working Paper: Population Aging and the Maintenance of Social Support Systems (1996)
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Persistent link: https://EconPapers.repec.org/RePEc:mcm:iesopp:9

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