project . 2012 - 2015 . Closed

A dynamic multiregional overlapping generations computable general equilibrium model for the study of population ageing in the UK

UK Research and Innovation
  • Funder: UK Research and InnovationProject code: ES/K001280/1
  • Funded under: ESRC Funder Contribution: 166,240 GBP
  • Status: Closed
  • Start Date
    01 Nov 2012
    End Date
    05 Dec 2015
Description
Population ageing is an important challenge facing most countries in the world. The scale of the demographic change, which started in the 20th century and will continue throughout the 21st century, is dramatic. Over the past 50 years the proportion of the UK population aged 65 and above has increased from 12 to 17 per cent, and by 2060 it will reach 26 per cent . The main features of demographic change are its slow pace, long duration and inertia. This makes the process fairly easy to project, but almost impossible to reverse. We need to improve our understanding of what impact this process will have. It will have important implications for public policy in many...
Description
Population ageing is an important challenge facing most countries in the world. The scale of the demographic change, which started in the 20th century and will continue throughout the 21st century, is dramatic. Over the past 50 years the proportion of the UK population aged 65 and above has increased from 12 to 17 per cent, and by 2060 it will reach 26 per cent . The main features of demographic change are its slow pace, long duration and inertia. This makes the process fairly easy to project, but almost impossible to reverse. We need to improve our understanding of what impact this process will have. It will have important implications for public policy in many...
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