Demographics and the natural real interest rate: historical and projected paths for the euro area

A Papetti - Journal of Economic Dynamics and Control, 2021 - Elsevier
This paper employs a large-scale overlapping generation model quantifying that
demographics account for a decrease in the natural real interest rate of about 1.4 …

[PDF][PDF] Demographics, retirement age, and real interest rates in Poland

J Acedański, J Włodarczyk - Central European Journal of …, 2018 - bibliotekanauki.pl
Changes in the size and the age structure of a population have a great impact on an
economy, especially on national savings and capital flows. Poland's population, although …