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  • 标题:POPULATION AGING, FISCAL POLICY FORMATION PROCESS AND ITS EFFECT ON THE CAPITAL FORMATION "Iran case study"
  • 本地全文:下载
  • 作者:Saeed Samadi ; Rahim Dallal Esfaha ; Mortaza Sameti
  • 期刊名称:Economics and Finance Review
  • 电子版ISSN:2047-0401
  • 出版年度:2012
  • 卷号:1
  • 期号:11
  • 页码:10-24
  • 出版社:Global Research Society
  • 摘要:Studying the trend of some the population aging indexes of the country during the last decades shows that the average and median age of the country population are increasing. This fact will deeply affect the economic and social characteristics of the society and also the sources distribution pattern. One specific po int about the mentioned fact is the increasing political penetration role of the aged population in the fiscal policy formation which in turn can affect the physical and human capital formation. This study uses the overlapp ing generations model and numerical simulation method to explain the effects of the population aging on the fiscal policy formation in Iran and also simulates the effects of the population aging on the capital formation course from a beginning position, 2005, to a steady state position, 2035, and thus this study is the first one in this field. The computations results show the political penetration role of the aged population in the fiscal policy formation decreases the human capital growth and consequently can slow down the economic growth
  • 关键词:population aging; physical capital formation; human capital formation; overlapping generations ;model
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