IMF paper studies fiscal impact of ageing population

IMF headquarters in Washington DC

A working paper, published by the International Monetary Fund in June, examines the impact of an ageing population on 'fiscal space', which measures the extent to which governments can increase their expenditure while maintaining sustainable finances.

The author, Seok Gil Park, uses a neoclassical growth model to analyse annual data from the G-7 countries from 1995–2009. The paper finds that fiscal space shrinks most in response to an ageing population in countries with larger governments

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: