TY - JOUR N2 - The local aspect of aging is often ignored. However, municipalities, in particular cities will be affected by the consequences of population aging, in particular a decrease in tax revenues and an increase of expenditures on public goods demanded by the elderly. In this paper we use a static general equilibrium model to analyse the impact of aging on city’s finances. We show that an increase in the number of pensioners will raise the cost of public goods. However, an increase in the number of working elderly can alleviate the situation. L1 - http://www.journals.pan.pl/Content/109748/PDF/studreg-47-01.pdf L2 - http://www.journals.pan.pl/Content/109748 PY - 2016 EP - 20 KW - population aging KW - urban economics KW - fiscal policy KW - general equilibrium model A1 - Wąsowicz, Aleksandra A1 - Kula, Grzegorz PB - Polish Academy of Sciences – Committee for Spatial Economy and Regional Planning and European Regional Science Association (ERSA) Polish Section VL - vol. 47 DA - 2016 T1 - Impact of population aging on city’s finances SP - 7 UR - http://www.journals.pan.pl/dlibra/publication/edition/109748 T2 - Studia Regionalia ER -