The global CGE model used in GIDD is the World Bank LINKAGE model, but other CGE models could be used. In an increasingly globalizing world, the direction and magnitude of these changes will also be affected by the changing patterns of international flows of goods, services and capital. For example, population aging is generally correlated with declining saving rates and changing demand patterns, while, other things being equal, rising average skill endowments reduces the observed skill wage premia. A general equilibrium is needed to capture in a theory consistent fashion the multiple complex changes that affect growth and income distribution. The new population groups are used as inputs in a global CGE. François Bourguignon, Maurizio Bussolo, in Handbook of Computable General Equilibrium Modeling, 2013 21.5.2.2 Macroeconomic changes
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