The new global power plant order: Unconventional and green energies are driving change

Germany Monitor

In the "Germany Monitor" series we address political and structural issues which have great significance for Germany. These include commentaries on elections and political decisions, as well as technology and industry issues, and macro-economic topics which go beyond the business cycle matters addressed in "Focus Germany".

May 19, 2006

The demographic challenge: Simulations with an overlapping generations model

Region:

Germany

Germany Monitor

Topic:

Economic and european policy, Macroeconomics

Analyst:

Bernhard Gräf, Marc Schattenberg

In the coming decades, the demographic changes looming ahead will hit Germany with an impact never felt before. This applies not only to the pension system. It holds equally for the labour market, and will entail repercussions for wages and interest rates and thus growth potential and international capital flows. DB Research has analysed the complex interplay of these factors by using an overlapping generations (OLG) model. [more]

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