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Long-Run Economic Perspectives of an Ageing Society

Obiettivo

This project integrates into modern dynamic macroeconomics a biologically founded process of individual ageing, i.e. ageing understood as the gradual deterioration of the functioning of body and mind. The EU member countries will be increasingly populated by older people. Our project investigates theoretically and quantitatively how ageing affects their health and productivity. Using models of endogenous economic growth we assess how the feedback effects of ageing on investment and education affect long-run economic growth, competitiveness, and welfare of the EU member countries. With multi-country models we analyze how ageing influences human capital formation and migration flows in Europe. Using models of optimal retirement decisions we investigate how ageing impacts on the contribution and employability of older workers and how this feeds back to issues of intergenerational solidarity. With models of endogenous R&D we explore how ageing interacts with technological progress and assess how ageing will affect the EU's capacity to innovate and to develop. We investigate how ageing interacts with health demand and supply and how this feeds back to the macroeconomy. We assess whether the EU's market economies and public sectors provide too much or too little health care.

Invito a presentare proposte

FP7-SSH-2007-1
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Coordinatore

GOTTFRIED WILHELM LEIBNIZ UNIVERSITAET HANNOVER
Contributo UE
€ 351 364,00
Indirizzo
WELFENGARTEN 1
30167 Hannover
Germania

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Regione
Niedersachsen Hannover Region Hannover
Tipo di attività
Higher or Secondary Education Establishments
Contatto amministrativo
Holger Strulik (Prof.)
Collegamenti
Costo totale
Nessun dato

Partecipanti (3)