| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5060631 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠I study whether population aging raises employment share in long term care sector. ⺠I use a two-period OLG model with nonhomothetic utility function. ⺠I find a threshold level which population aging spurs economic growth. ⺠The threshold level varies depending on whether an economy is closed or open. ⺠Population aging may spur economic growth even in a small open economy.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Akira Momota,