Vieillissement démographique, longévité et épargne. Le cas du Maroc

Loumrhari, Ghizlan (2013): Vieillissement démographique, longévité et épargne. Le cas du Maroc.

Abstract

In this paper we investigate empirically the relationship between population aging begins in Morocco and private savings. To do this, we use an overlapping generations model (OLG) and annual data from 1980 to 2010. Econometric estimates show that if the increase in the dependency ratio negatively affects the growth rate of savings, as predicted by the lifecycle theory, longevity to the contrary tends to stimulate the same savings. However, it seems that the first effect outweighs the second. Economic policies to promote private savings and incentives for households to have more children are needed to meet the challenge of severe aging population which will face Morocco in the coming decades.

• Item Type: MPRA Paper
• English Title: Ageing population, longevity and save. The case of Morocco
• Language: French
• Keywords: Population aging, private saving, OLG model
• Subjects: C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C13 - Estimation: General; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E21 - Consumption ; Saving ; Wealth; J - Labor and Demographic Economics > J1 - Demographic Economics > J11 - Demographic Trends, Macroeconomic Effects, and Forecasts

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