In this volume, economists discuss the long-run consequences of aging societies. Using theoretical economic models, long-term projections and simulations, and econometric analysis, answers to the following questions are given: What are the economic consequences for consumption patterns, the supply of labor, capital accumulation, productivity, and the international flow of capital? Where are the political consequences for pension systems, health care and immigration policy? And what changes in politics are needed to handle the issues of populations that age markedly?
Economic Perspectives for Aging Societies - The Issues.- The Impact of Ageing: Ageing Populations: Economic Issues and Policy Challenges.- Changing Consumption Patterns.- The Implications of Aging for the Balance of Payments between North and South.- The Impact of Aging: The Supply of Labour and Human Capital.- The Influence of Aging on Capital Accumulation.- Technological Innovation, Productivity, and Economic Growth in Aging Societies.- Policy Issues: Pension Systems in Aging Societies.- Immigration and Intergenerational Transfers.- Health Care for the Aging Baby Boomers: How Serious a Problem?.- The Political Economy of Aging Societies.