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This is a ARDL study (also classified as: PMG panel models).

The Impact of Population Ageing on Economic Growth: The Role of Social Policy Models in Oecd Countries

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Analysis reveals how different social policy models affect economic growth amid population ageing in OECD nations.

The impact of population ageing varies by social policy model in OECD countries, leading to distinct economic effects.
In the short run, the Scandinavian model experiences significant negative effects from ageing, while the Mediterranean model suffers long-term consequences.
Countries with established private pension systems, like those in the Anglo-Saxon and Continental models, cope better with demographic challenges.
Best practices from various social policy models can inform strategies to mitigate the economic impacts of an ageing population.

Malyovanyi et al. (2025) studied this question.

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View Full Paper

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Authors

Analysis reveals how different social policy models affect economic growth amid population ageing in OECD nations.

The impact of population ageing varies by social policy model in OECD countries, leading to distinct economic effects.
In the short run, the Scandinavian model experiences significant negative effects from ageing, while the Mediterranean model suffers long-term consequences.
Countries with established private pension systems, like those in the Anglo-Saxon and Continental models, cope better with demographic challenges.
Best practices from various social policy models can inform strategies to mitigate the economic impacts of an ageing population.

Malyovanyi et al. (2025) studied this question.

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