Prospective Ageing and Economic Growth in Europe

Jesus Crespo Cuaresma, Martin Lábaj, Patrik Pruzinský

Publikation: Working/Discussion PaperWU Working Paper

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Abstract

We assess empirically the role played by prospective ageing measures as a predictor of income growth in Europe. We show that prospective ageing measures which move beyond chronological age and incorporate changes in life expectancy are able to explain better the recent long-run growth experience of European economies. The improvement in explanatory power of prospective ageing indicators as compared to standard measures based on chronological age is particularly relevant for long-run economic growth horizons. (authors' abstract)
OriginalspracheEnglisch
ErscheinungsortVienna
HerausgeberWU Vienna University of Economics and Business
PublikationsstatusVeröffentlicht - 2014

Publikationsreihe

ReiheDepartment of Economics Working Paper Series
Nummer165

WU Working Paper Reihe

  • Department of Economics Working Paper Series

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