Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/180929
Authors: 
Denton, Frank T.
Spencer, Byron G.
Year of Publication: 
2015
Series/Report no.: 
QSEP Research Report 459
Abstract: 
Immigration is a possible instrument for offsetting longer-run adverse effects of population aging on per capita income. Our "laboratory" is a fictional country Alpha to which we assign demographic characteristics typical of a country experiencing population aging. Simulations indicate that a very high immigration rate with heavy concentration in younger working ages might be required to keep per capita income from declining. More rapid productivity growth would also offset population aging as would higher rates of labour participation of older people. Longer life expectancy, taken alone, would lower per capita real income, as would higher fertility rates.
Subjects: 
immigration
per capita income
population aging
age structure
simulation
JEL: 
J10
J11
J18
Document Type: 
Working Paper
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