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Inclusive wealth with a changing but aging population
Authors:Rintaro Yamaguchi
Institution:Nomura Research Institute, 1-6-5 Marunouchi, Chiyoda-ku, Tokyo 100-0005, Japan
Abstract:We consider the effect of population age distribution in inclusive wealth accounting. Numerical results demonstrate that the wealth of nations with an aging demographic structure, as well as those with a rapidly increasing working-age generation, may have been overestimated.
Keywords:E1  J1  O1
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