Modelling global demographic change: results for Japan
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Modelling global demographic change: results for Japan

In earlier papers, we introduced demographic features into the MSG3 model of the world economy, following the approach of Bryant and McKibbin. 

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Executive Summary

In this paper we use the same theoretical technique to develop a series of models based on a consistent database from a simple two country symmetric theoretical model to the complete four country MSG3 model, which represents the empirical characteristics of Japan, United States, rest of OECD and Rest of World. 

Areas of expertise: Climate change policy; globalisation and disease; international macroeconomic policy; international trade policy; global demographic change; global economic modeling
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