Abstract WP16-04

The objective of this paper is to provide a deeper understanding of population aging, the public sector, and policy responses. This is accomplished by developing a new simulation model that is based on the National Transfer Accounts framework (NTA) and employs NTA data for selected countries at different levels of development and at different stages of the demographic transition. An important and novel feature of the model is its treatment of the response of the private sector to public policy. This paper is part of the NTA/World Bank project: Aging and the Changing Nature of Intergenerational Flows in Developing Countries.