The world's aging population is expected to shape the future of economies across the globe. Without behavioral adaptation by current and future generations, this demographic transformation is likely to slow down economic growth. However, aging will also induce behavioral adjustments in savings and labor force participation. Will these adjustments be large enough to reverse the negative effects of demographic change? The answer depends on a number...
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2014/05/01
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88221
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1
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1
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2014/05/22
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Disclosed
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Is aging bad for the economy? Maybe
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Poverty Reduction & Economic Management
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