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| dc.title | Fiscal Implications of Population Aging in Chile |
| dc.contributor.author | Medina, Juan Pablo |
| dc.contributor.author | Pedersen, Michael |
| dc.contributor.author | Reyes-Tagle, Gerardo |
| dc.contributor.orgunit | Fiscal Management Division |
| dc.coverage | Chile |
| dc.date.available | 2026-09-08T00:09:00 |
| dc.date.issue | 2026-09-08T00:09:00 |
| dc.description.abstract | This paper studies the long-term macroeconomic and fiscal implications of population aging in Chile using a semi-structural, multi-sector macro-fiscal model that links demographic dynamics, labor market behavior, sectoral production, fiscal revenues, age-related public expenditures, and government debt. Beyond the application to Chile, the contribution lies in the integrated nature of the framework, which allows for a consistent analysis of how demographic change propagates through the economy to affect fiscal sustainability. Chile provides a particularly relevant case given the speed of its demographic transition, the growing importance of publicly financed pension benefits, and the central role of consumption taxation, as well as a production structure in which mining plays a key role in shaping fiscal capacity. |
| dc.format.extent | 75 |
| dc.identifier.doi | http://dx.doi.org/10.18235/0014496 |
| dc.identifier.url | https://publications.iadb.org/publications/english/document/Fiscal-Implications-of-Population-Aging-in-Chile.pdf |
| dc.language.iso | en |
| dc.publisher | Inter-American Development Bank |
| dc.subject | Fiscal Policy |
| dc.subject | Fiscal Sustainability |
| dc.subject | Labor |
| dc.subject | Population Aging |
| dc.subject | Public Expenditure |
| dc.subject | Labor Market |
| dc.subject | Tax Revenue |
| dc.subject | Public Debt |
| dc.subject | Taxation |
| dc.subject.jelcode | E62 - Fiscal Policy |
| dc.subject.jelcode | H30 - Fiscal Policies and Behavior of Economic Agents: General |
| dc.subject.jelcode | H55 - Social Security and Public Pensions |
| dc.subject.jelcode | H68 - Forecasts of Budgets, Deficits, and Debt |
| dc.subject.jelcode | J11 - Demographic Trends, Macroeconomic Effects, and Forecasts |
| dc.subject.jelcode | J26 - Retirement • Retirement Policies |
| dc.subject.jelcode | E17 - Forecasting and Simulation: Models and Applications |
| dc.subject.jelcode | Q33 - Resource Booms |
| dc.subject.keywords | stochastic simulations |
| dc.type | Working Papers |
| idb.identifier.pubnumber | IDB-WP-01824 |
| idb.operation | BA-T1098 |