TY - UNPB
T1 - Prospective Ageing and Economic Growth in Europe
AU - Crespo Cuaresma, Jesus
AU - Lábaj, Martin
AU - Pruzinský, Patrik
PY - 2014
Y1 - 2014
N2 - 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)
AB - 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)
UR - http://www.wu.ac.at/economics/forschung/wp
U2 - 10.57938/163c7ddf-afb4-4478-96e7-6ac8fcd2272c
DO - 10.57938/163c7ddf-afb4-4478-96e7-6ac8fcd2272c
M3 - WU Working Paper and Case
T3 - Department of Economics Working Paper Series
BT - Prospective Ageing and Economic Growth in Europe
PB - WU Vienna University of Economics and Business
CY - Vienna
ER -