This report is the Users' Manual that accompanies MEDS-E, the economic component of a new Windows-based version of the MEDS (Models of the Economic-Demographic System) software. MEDS-E is designed to make use of the all-Canada population and labour force projections from PMEDS-D in projecting...

Population aging creates both a problem (higher taxes on a small group of workers to finance higher public pension and health care costs) and automatic adjustments that help to address that problem. The prospect of longer retirement involves an increased incentive to invest in physical capital,...

We develop a calibrated general equilibrium model of a small open economy to examine some macroeconomic and distributional effects of an aging population. The model features overlapping generations with a public pension system, asymmetric information in the labor market, and includes some...

Given the fundamental goal of raising living standards in the longer term, much attention is paid to policies that can be expected to increase national saving. With respect to private saving, the mechanism is tax reform - a lower tax on interest income. The basic problem with this approach is...

Given the fundamental goal of raising living standards in the longer term, much attention is paid to policies that can be expected to increase national saving. With respect to private saving, the mechanism is tax reform - a lower tax on interest income. The basic problem with this approach is...

Population aging creates both a problem (higher taxes on a small group of workers to finance higher public pension and health care costs) and automatic adjustments that help to address that problem. The prospect of longer retirement involves an increased incentive to invest in physical capital,...

The residential mobility choices of the elderly (aging-in-place, local moves, or migration) have very different policy implications forming a dynamic system of inter-related issues that present planners with a number of dilemmas which are particularly sensitive to local context. These include...

This report is the Users' Manual that accompanies MEDS-D, the demographic component of a new Windows-based version of the MEDS (Models of the Economic-Demographic System) software. MEDS-D is designed for projecting the population, labour force, and number of households for Canada as a whole, for...

The rate of growth of GDP can be expressed as the sum of the rates of growth of the population, the proportion of the population from which the labour force is drawn, the overall labour force participation rate, the employment rate, and the aggregate labour productivity ratio. Making use of this...

Simulation methods are employed to explore the effects of immigration as a control instrument to offset the economic and demographic consequences of low fertility rates and aging population distribution. A neoclassical economic growth model is coupled with a demographic projection model. The...