Population changes and capital accumulation: The aging of the baby boom

B.E. Journal of Macroeconomics

Volumn 1, Issue 1, 2001, Pages

  Ríos Rull, José Víctor ^a  

^a UNIVERSITY OF PENNSYLVANIA   (United States)

Author keywords

Population Aging; Savings; Wealth Distribution

Indexed keywords

EID: 84859692035     PISSN: None     EISSN: 19351690     Source Type: Journal    
DOI: 10.2202/1534-6013.1008     Document Type: Article

References (37)

1. Auerbach, A. J. and L. J. Kotlikoff, “Simulating Alternative Social Security Responses to the Demographic Transition,” 1984. NBER Working Paper, No. 1308.
2. Auerbach, A. J. and L. J. Kotlikoff, Dynamic Fiscal Policy, New York: Cambridge University Press, 1987.
3. Auerbach, A. J., J. Cai, and L. J. Kotlikoff, “U.S. Demographics and Saving: Predictions of Three Saving Models,” Carnegie-Rochester Conference Series on Public Policy, 1991, 34, 135-156.
4. Auerbach, A. J., L. J. Kotlikoff, R. P. Hagemann, and G. Nicoletti, “The Economic Dynamics of an Ageing Population: The Case of Four OECD Countries,” OECD Economic Studies, Spring 1989, 12, 97-130.
5. Barro, R. J. and G. S. Becker, “Fertility Choice in a Model of Economic Growth,” Econometrica, 1989, 57, 481-501.
6. Bohn, H., “Will Social Security and Medicare Remain Viable as the U.S. Population Is Aging?,” 1998. Mimeograph.
7. Bütler, Monika, “Anticipation Effects of Looming Public Pension Reforms,” 1998. Mimeograph.
8. Chauveau, T. and R. Loufir, “Demographic Transition and Social Security Policies in France: A Welfare Analysis,” 1993. Obsevatoire Francais des Conjonctures Economiques, Document de Travail 93/3.
9. Conesa, J.C. and Dirk Krueger, “Social Security Reform with Heterogeneous Agents,” Review of Economic Dynamics, 757-795 1999, 2 (4).
10. o 75 del Instituto de Estudios Fiscales, 1989.
11. Cubeddu, Luis M. and José-Víctor Ríos-Rull, “Marital Risk And Capital Accumulation,” 1996. Mimeo, University of Pennsylvania.
12. Danthine, J P and M Surchat, “Conséquences Macroéconomiques du vieillissement démografique,” 1991. Cahiers de recherches économiques, Université de Lausanne, no 9103.
13. De Nardi, Mariacristina, S. Imrohoroglu, and T. J. Sargent, “Projected U.S. Demographics and Social Security,” 1998. Forthcoming in Review of Economic Dynamics.
14. Eckstein, Z. and K. I. Wolpin, “Endogenous Fertility and Optimal Population Size,” Journal of Public Economics, 1985, 27, 93-106.
15. Fuster, Luisa, “Is Altruism Important for Understanding the Long-run Effects of Social Security,” Review of Economic Dynamics, 1999, 2 (3), 616-637.
16. Galor, O. and H. E. Ryder, “Existence, Uniqueness and Stability of Equilibrium in an Overlapping Generations Model with Productive Capital,” Journal of Economic Theory, 1989, 49 (2), 360-75.
17. Hansen, G. D., “Fluctuations in Total Hours. A Study Using Efficiency Units.” PhD dissertation, University of Minnesota 1986. In Three Essays on Labor Indivisibilities and the Business Cycle.
18. Huang, H., S. Imrohoroglu, and T. J. Sargent, “Two Computations to Fund Social Security,” 1997. Forthcoming, Macroeconomic Dynamics.
19. Hubbard, R. G. and K. L. Judd, “Social Security and Individual WElfare,” American Economic Review, 1987, 77 (4), 630-646.
20. Huggett, Mark and Gustavo Ventura, “On the Distributional Implications of Social Security Reform,” 1998. forthcoming in the Review of Economic Dynamics.
21. Imrohoroglu, A., S. Imrohoroglu, and D. Joines, “A Life Cycle Analysis of Social Security,” Economic Theory, 1995, 6, 83-114.
22. Imrohoroglu, A., S. Imrohoroglu, and D. Joines, “Computational Models of Social Security: A Survey,” 1999. Forthcoming in Cuadernos Económicos.
23. Kotlikoff, L. J. and L. H. Summers, “The Role of Intergenerational Transfers in Aggregate Capital Accumulation,” Journal of Political Economy, 1981, 89 (4), 706-732.
24. Krusell, P. and A. Smith, “Income and Wealth Heterogeneity, Portfolio Choice, and Equilibrium Asset Returns,” Macroeconomic Dynamics, 1997, 1 (2), 387-422.
25. Laitner, John P., “Tax changes and Phase Diagrams for an Overlapping Generations Model,” Journal of Political Economy, 1990, 98 (1), 193-220.
26. Lee, R D, “Forecasting Births in Post-Transition Populations: Stochastic Renewal with Serially Correlated Fertility,” Journal of the American Statistical Association, September 1974, 69 (347), 607-17.
27. Lee, R D, and S Lapkoff, “Intergenerational Flows of Time and Goods: Consequences of Slowing Population Growth,” Journal of Political Economy, 1988, 96 (3), 618-52.
28. neda, A. Casta J. Díaz-Giménez, and J. V. Ríos-Rull, “Accounting for earnings and wealth inequality,” 2000. Mimeo, University of Pennsylvania.
29. Prescott, E. C. and R. Mehra, “Recursive Competitive Equilibrium: the Case of Homogeneous Households,” Econometrica, 1980, 48 (6), 1356-79.
30. Quadrini, V. and J.-V. Ríos-Rull, “Understanding the U.S. Distribution of Wealth,” Federal Reserve Bank of Minneapolis Quarterly Review, Spring 1997, 21, 22-36.
31. Razin, A. and U. Ben-Zion, “An Intergenerational Model of Population Growth,” American Economic Review, 1975, 66 (923-33).
32. Ríos-Rull, J.-V., “On the Quantitative Importance of Market Completeness,” Journal of Monetary Economics, 1994, 34 (3), 463-96.
33. Ríos-Rull, J.-V.,, “Life Cycle Economies and Aggregate Fluctuations,” Review of Economic Studies, July 1996, 63, 465-490.
34. Storesletten, K., C. Telmer, and A. Yaron, “The Risk Sharing Implications of Alternative Social Security Arrangements,” 1998. Mimeo, University of Pennsylvania.
35. Storesletten, K., C. Telmer, and A. Yaron, “Asset Pricing with Idiosyncratic Risk and Overlapping Generations,” 1999. Mimeo, University of Pennsylvania.
36. Storesletten, Kjetil, “Sustaining Fiscal Policy Through Immigration,” Journal of Political Economy, 2000, 108 (2), 300-323.
37. Willis, R. J., “Life Cycles, Institutions, and Population Growth: A Theory of the Equilibrium Interest Rate in the Overlapping Generations Model,” in R. D. Lee, A. W. Brian, and G. Rodgers, eds., Economics of Changing Age Distributions in Developed Countries, Oxford: Clarendon Press, 1988.