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On the dynamics of the age structure, dependency, and consumption

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  • Heinrich Hock
  • David Weil

Abstract

The effects of population aging due to declining fertility and rising elderly life expectancy on consumption possibilities in the presence of intergenerational transfers is examined in this article.
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Suggested Citation

  • Heinrich Hock & David Weil, 2012. "On the dynamics of the age structure, dependency, and consumption," Journal of Population Economics, Springer;European Society for Population Economics, vol. 25(3), pages 1019-1043, July.
    • Handle: RePEc:spr:jopoec:v:25:y:2012:i:3:p:1019-1043
    DOI: 10.1007/s00148-011-0372-x
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    More about this item

    Keywords

    Aging; Consumption; Intergenerational transfers; E21; H55; J13;
    All these keywords.

    JEL classification:

    • I0 - Health, Education, and Welfare - - General
    • I1 - Health, Education, and Welfare - - Health

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