[雙語翻譯]人口老齡化外文翻譯--人口老齡化和老年貧困對宏觀經(jīng)濟總量的影響（英文）

1、 Procedia Economics and Finance 30 ( 2015 ) 598 – 605 2212-5671 © 2015 Published by Elsevier B.V. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.

2、0/). Peer-review under responsibility of IISES-International Institute for Social and Economics Sciences. doi: 10.1016/S2212-5671(15)01272-1 ScienceDirectAvailable online at www.sciencedirect.com3rd Economics elderly p

3、overty; economic growth; saving rate; consumption; labour force; government expenditures 1. Introduction Population explosion from the industrial revolution led to the belief that this process is going to be continuous.

4、* Corresponding author. Tel.: +420-603-524-077. E-mail address:xorle00@isis.vse.cz © 2015 Published by Elsevier B.V. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/license

5、s/by-nc-nd/4.0/). Peer-review under responsibility of IISES-International Institute for Social and Economics Sciences.600 Eli?ka Orlická / Procedia Economics and Finance 30 ( 2015 ) 598 – 605 Fig. 1. Old ag

6、e (65+) dependency ratio (20-64) Source: OECD Demography and Population Database Fig. 2.Social care expenditures for population of age 65+ Source: OECD Social Protection and Well-beeing Database 1.2. Investments and savi

7、ngs Demographic ageing changes saving behaviour of individuals and households in the long run. Longer life expectancy leads to the necessary amendments in present but first of all future consumption distribution. Intern

8、al rate of return decreases due to longer time distribution of financial resources. (Boersch-Supan – Winter, 2001) The need for private savings increases with prolonged life expectancy and growing demands for pension s

9、ystem. Individuals have to adapt original consumption and savings to the lower pension benefits caused by lower base of younger labour force, which funds the older generation at retirement age. 15,0017,0019,0021,0023,