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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...
Persistent link: https://www.econbiz.de/10005763402
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...
Persistent link: https://www.econbiz.de/10005763305
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...
Persistent link: https://www.econbiz.de/10005181081
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...
Persistent link: https://www.econbiz.de/10005181126
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,...
Persistent link: https://www.econbiz.de/10005196127
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,...
Persistent link: https://www.econbiz.de/10005635217
Like many industrialized countries, Canada is experiencing significant population aging and this phenomenon, inherited from the demographic transition, will intensify in the coming years. Mortality changes, especially at older ages, will contribute greatly to this phenomenon, hence the...
Persistent link: https://www.econbiz.de/10009368558
As for more than ten years, my name has been many time associated with Statistics Canada’s LifePaths Microsimulation Model, I was asked to give my thoughts on it at the Seminar “On the Varieties of Computer Modeling: A Toolbox Approach to Analysis and Decision Making” organized by the...
Persistent link: https://www.econbiz.de/10010550448
We explore the effects of local ethnic and religious diversity on private donations to charity. We find that an increase in religious or ethnic diversity decreases donations. The ethnicity effect is driven by non-minorities and blacks, and is strongest in high income, low education areas. The...
Persistent link: https://www.econbiz.de/10010674607
Quebec, as most Western societies, is facing the ageing of its population, producing many economic, political and social impacts. One solution often considered is to rely on immigration to reduce, delay or even counter certain consequences. For this purpose, replacement migration is sometimes...
Persistent link: https://www.econbiz.de/10004998556