期刊
JOURNAL OF THE ECONOMICS OF AGEING
卷 3, 期 -, 页码 50-57出版社
ELSEVIER SCIENCE BV
DOI: 10.1016/j.jeoa.2014.05.003
关键词
Economic growth; Ageing; Prospective age; Old age dependency ratio
We assess empirically the role played by prospective ageing measures as a predictor of income growth in Europe. We show that prospective ageing measures which move beyond chronological age and incorporate changes in life expectancy are able to explain better the recent long-run growth experience of European economies. The improvement in explanatory power of prospective ageing indicators as compared to standard measures based on chronological age is particularly relevant for long-run economic growth horizons. (C) 2014 Elsevier B.V. All rights reserved.
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