Prospective Ageing and Economic Growth in Europe

Autor: Crespo Cuaresma, Jesus, Lábaj, Martin, Pruzinský, Patrik
Jazyk: angličtina
Rok vydání: 2014
Předmět:
Druh dokumentu: Paper
Popis: 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. (authors' abstract)
Series: Department of Economics Working Paper Series
Databáze: Networked Digital Library of Theses & Dissertations