Aging, Public Budgets, and the Need for Policy Reform

10 Pages Posted: 5 Jul 2004

See all articles by Jörgen Elmeskov

Jörgen Elmeskov

Organization for Economic Co-Operation and Development (OECD) - Policy Studies Branch

Abstract

Projections show that, without policy changes, population aging will lead to unsustainable developments in public budgets. Various policy options to address this challenge are reviewed. Particular emphasis is given to the incentives to retire early and the programs that generate these incentives. The requirements for labor markets to absorb an added supply of older workers are discussed.

Suggested Citation

Elmeskov, Jörgen, Aging, Public Budgets, and the Need for Policy Reform. Review of International Economics, Vol. 12, No. 2, pp. 233-242, May 2004. Available at SSRN: https://ssrn.com/abstract=548494

Jörgen Elmeskov (Contact Author)

Organization for Economic Co-Operation and Development (OECD) - Policy Studies Branch ( email )

2 rue Andre Pascal
Paris Cedex 16, MO 63108
France

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