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simulation exercises to make the challenges and controversies more transparent. The chapter begins with an institutional view of …
Persistent link: https://www.econbiz.de/10014023471
This chapter provides a review of some implications of demographic shift arising from population aging for fiscal policy, taxation policy, and social security settings. The key implications of population aging that have been forthcoming from the many national and international macroeconomic...
Persistent link: https://www.econbiz.de/10014023468
The demographic change influences the composition of the labor force in terms of a decreasing number of the workforce, its age structure, the quantitative relationship between men and women such as the proportion between people with migration background and native citizens. The new diversity of...
Persistent link: https://www.econbiz.de/10011297765
strategy may prop up real per capita consumption by 2% and 2.4% respectively. …
Persistent link: https://www.econbiz.de/10011048954
simulation exercise to compare a baseline scenario, which incorporates the principal 2010-based ONS population projections, with …
Persistent link: https://www.econbiz.de/10011135917
The aim and scope of this paper is to isolate the effects of population ageing in the context of potential Scottish independence. A dynamic multiregional Overlapping Generations Computable General Equilibrium (OLG-CGE) model is used to evaluate the two scenarios. The status quo scenario assumes...
Persistent link: https://www.econbiz.de/10010786239
In this chapter we review the recent literature on the effects of changing global demographic trends on consumption …
Persistent link: https://www.econbiz.de/10014023467
For decades, pension systems were based on the rising revenue generated by an expanding population (demographic dividend). As changes in fertility and longevity created new population structures, however, the dividend disappeared, but pension systems failed to adapt. They are kept solvent by...
Persistent link: https://www.econbiz.de/10011417389
economic growth in upcoming years. We first analyze the economic effects of changing working-age shares in a standard empirical … growth model using country panel data from 1950-2015. We then juxtapose the estimates with predicted shifts in population age … structure to project economic growth in 2020-2050. Our results indicate that population aging will slow economic growth …
Persistent link: https://www.econbiz.de/10014337818
Persistent link: https://www.econbiz.de/10012016676