Record Details

Aging: A Synoptic View of Some Economic Implications

Kasarinlan: Philippine Journal of Third World Studies

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Field Value
 
Title Aging: A Synoptic View of Some Economic Implications
 
Creator Scobie, Grant
 
Subject Aging, New Zealand, demographic, fiscal effects, macroeconomics
 
Description Significant shifts in the age structure of the New Zealand population are underway. Their principal effect will be felt between 2020 and 2040. The paper documents these changes and compares them with other OECD countries. There will be widespread implications for savings, investment, the current account balance, productivity, the labour market, growth of the economy and public expenditures. The paper provides a brief sketch of each of these areas. Behavioural response parameters estimated from historical data may offer little guide to the future, which will involve age dependency ratios well outside the range previously experienced. Global capital markets will play an important role in the intergenerational transfer of resources.
 
Publisher Victoria University of Wellington
 
Date 2000-12-04
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://ojs.victoria.ac.nz/LEW/article/view/1048
10.26686/lew.v0i0.1048
 
Source Labour, Employment and Work in New Zealand; 2000: Labour, Employment and Work in New Zealand
2463-2600
 
Language eng
 
Relation https://ojs.victoria.ac.nz/LEW/article/view/1048/856