Analyses | 12 May 2004

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. 

Warwick McKibbin

  • Warwick McKibbin

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

Warwick McKibbin

  • Warwick 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.