Call for Papers
Bank of Finland and CEPR joint conference on
Demographics and the Macroeconomy
12-13 October 2017 in Helsinki
Deadline: Friday 30 June 2017
It has been argued that demographics is one of the main headwinds for future growth in especially the
more advanced economies, such as many of the European economies and the US. Indeed, between 2005
and 2050 the share of population over 60 is expected to rise not only in the more advanced economies, but
in nearly every country in the world. Researchers have already looked into how changes in the size and the
composition of an economy’s population influence macroeconomic outcomes. They have identified
channels through which demographic changes affect an economy on top of those mentioned above:
savings and investment behavior, labour market decisions and aggregate demand and supply responses.
Equally important are the potential effects on public sector finance. Increases in e.g. health and retirement
expenses, and more generally future entitlements raise issues of sustainability of public sector finances.
Consequently, original papers subject to high academic standards and preferably with important policy or
practical implications are invited, for example, on the following topics, though not restricted to them:
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The growth an business cycle effects of shifting demographics
Demographics and the financial markets
Demographics and public finances
Will technological progress provide the tools to counteract the potentially adverse macroeconomic
effects of population aging?
Available policy options to manage population aging
Authors who are CEPR members can upload their submission on
http://dev3.cepr.org/accounts/login.asp?NewURL=/accounts/config/accountconfig.asp. Authors who are
not CEPR members can email their submission to Chloe Smith at [email protected] no later than 30 June
2017. On local organization, please contact Ms Liisa Mannila ([email protected]).
Papers accepted for the conference will be notified by July 16, 2017 by the Programme Committee Wouter
den Haan (London School of Economics and CEPR), Jouko Vilmunen (BoF), Adam Gulan (BoF) and Mikael
Juselius (BoF).
Presenters and discussants from academic non-profit institutions without access to their own funding will
have previously agreed travel and accommodation costs met by the Bank of Finland. There will be no
charge for participating but other participants should expect to pay their own travel and accommodation
costs. For additional information please contact Ms Liisa Mannila.