@techreport{Aksoy2012economic,
abstract = {We examine the impact of demographic structure, the proportion of the population in each age group, on growth, savings, investment, hours, interest rates and inflation using a panel VAR estimated from data for 20 OECD economies, mainly for the period 1970-2007. This flexible dynamic structure with interactions among the main macroeconomic variables allows us to estimate long-run effects of demographic structure on the individual countries. Our estimates confirm the importance of these effects.},
address = {M\"{u}nchen},
author = {Yunus Aksoy and Tobias Grasl and Ron P. Smith},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {E32; J11; 330; demographic changes; macroeconomic variables; business cycle; Bev\"{o}lkerungsstruktur; Bev\"{o}lkerungs\"{o}konomie; Makro\"{o}konomischer Einfluss; Konjunktur; OECD-Staaten},
language = {eng},
number = {3960},
publisher = {CESifo},
title = {The economic impact of demographic structure in OECD countries},
type = {CESifo Working Paper: Fiscal Policy, Macroeconomics and Growth},
url = {http://hdl.handle.net/10419/65382},
year = {2012}
}
