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Quantifying Impact of Aging Population on Fiscal Space1

Quantifying Impact of Aging Population on Fiscal Space1 »

Source: Quantifying Impact of Aging Population on Fiscal Space

Volume/Issue: 2012/164

Series: IMF Working Papers

Author(s): Seok Park

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

ISBN: 9781475505122

Keywords: tax rates, tax rate, tax revenue, government expenditure, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General, Laffer Curve, Public Economics,

This paper quantitatively investigates how population aging trend affects fiscal space measured as unused revenue generating capacity by utilizing a standard neoclassical growth model. A calibration exercise for G-...

Quantifying Impact of Aging Population on Fiscal Space

Quantifying Impact of Aging Population on Fiscal Space »

Volume/Issue: 2012/164

Series: IMF Working Papers

Author(s): Seok Park

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

DOI: http://dx.doi.org/10.5089/9781475505122.001

ISBN: 9781475505122

Keywords: tax rates, tax rate, tax revenue, government expenditure, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General, Laffer Curve, Public Economics,

This paper quantitatively investigates how population aging trend affects fiscal space measured as unused revenue generating capacity by utilizing a standard neoclassical growth model. A calibration exercise for G-...