Simulation on long-term correlation between demographic variables and economic growth
Lucian Albu () and
Tiberiu Diaconescu
MPRA Paper from University Library of Munich, Germany
Abstract:
Starting from existing literature and recent years studies, several modeling schemes have been developed, which may prove useful to substantiate strategies aimed at achieving a demographic and economic balance between generations. This way, we can obtain simulations from a country or group of countries (European Union, for example) on long and very long term, and then quantify the impact of demographic aging on macroeconomic aggregates, taking into consideration, as a rule, that models are standard macroeconomic models generally balanced on short and medium term, when the population appears as exogenous variable.
Keywords: demographic aging; long-term simulations; loop cybernetics; demoeconomic model; overlapping generation model (search for similar items in EconPapers)
JEL-codes: C01 C13 C15 J11 (search for similar items in EconPapers)
Date: 2009-05-05
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:33003
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