Discussion on “Nonlinear Effects of Population Aging on Economic Growth”
In discussing the presentation on “Nonlinear Effects of Population Aging on Economic Growth”
presented by Hyun-Hoon Lee, the presenter noted that in principle, population aging may affect growth through labor supply, capital accumulation, and productivity. He also noted that the empirical evidence for nonlinearity in the relationship between growth and aging seems weak, and that here is a one-on-one relationship between the elderly and the working-age shares after controlling for the youth population share.