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Population ageing, labour markets and the outlook for public finances
Kinnunen, Helvi - EconWPA - 2004
Keeping public finances on a sustainable foundation while the population ages is clearly a problem in Finland, as in many other western countries. The shrinking of the working-age population, ageing of the labour force, and growth in the number of very old persons form a difficult combination...
Persistent link: https://www.econbiz.de/10005412491
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China’s Economic Growth 1978-2025: What We Know Today about China’s Economic Growth Tomorrow
Holz, Carsten A. - EconWPA - 2005
Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the … China over the next two decades. Extrapolating past real GDP growth rates into the future, the size of the Chinese economy … surpasses that of the U.S. in purchasing power terms between 2012 and 2015; by 2025, China is likely to be the world's largest …
Persistent link: https://www.econbiz.de/10005062447
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China’s Economic Growth 1978-2025: What We Know Today about China’s Economic Growth Tomorrow
Holz, Carsten A - EconWPA - 2005
Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the … China over the next two decades. Extrapolating past real GDP growth rates into the future, the size of the Chinese economy … surpasses that of the U.S. in purchasing power terms between 2012 and 2015; by 2025, China is likely to be the world's largest …
Persistent link: https://www.econbiz.de/10005556063
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"Optimum Population -- A New Look: A Hamiltonian Approach Towards A Dynamic Analysis"
Bokhari, Farasat; McCarthy, George W. - EconWPA - 1996
The current optimum population models found in economic literature define static optimum population used in forming policy i.e. at a given instant what should be the optimum number of people in a (closed) economy. We believe that although this definition is useful, it is very limiting as far as...
Persistent link: https://www.econbiz.de/10005125782
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Long-Term Labour Force Projections for the 25 EU Member States:A set of data for assessing the economic impact of ageing
Carone, Giuseppe - EconWPA - 2005
This paper presents the methodology and results of labour force projections over the long term (until 2050) for each of the 25 EU Member States. These projections were undertaken in order to provide the background technical inputs for the assessment of the potential economic and fiscal impact of...
Persistent link: https://www.econbiz.de/10005125752
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A Stochastic Model of Mortality, Fertility, and Human Capital Investment
Kalemli-Ozcan, Sebnem - EconWPA - 2002
This paper examines the relationship between fertility and human capital investment, and it’s implications for economic growth, focusing on the e ects of declining mortality. Unlike the existing literature, this paper stresses the role of uncertainty about the number of surviving children. If...
Persistent link: https://www.econbiz.de/10005126196
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Mortality Change, the Uncertainty Effect, and Retirement
Kalemli-Ozcan, Sebnem; Weil, David - EconWPA - 2002
We examine the role of changing mortality in explaining the rise of retirement over the course of the 20th century. We construct a model in which individuals make labor/leisure choices over their lifetimes subject to uncertainty about their date of death. In an environment in which mortality is...
Persistent link: https://www.econbiz.de/10005126354
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From Stagnation to Growth: Unified Growth Theory
Galor, Oded - EconWPA - 2004
This chapter examines the process of development from an epoch of Malthusian stagnation to a state of sustained economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per capita, technology, and population over the course...
Persistent link: https://www.econbiz.de/10005062763
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Ageing, interest rates, and financial flows
Saarenheimo, Tuomas - EconWPA - 2005
uses a 73-cohort general equilibrium overlapping generations model of five major economic areas (USA, EU-15, Japan, China …
Persistent link: https://www.econbiz.de/10005408320
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Next in Line – Romanians at the Gates of the EU (emigrants, border control, legislation)
SIMINA, Ovidiu - EconWPA - 2005
The first of May 2004 marked an important date in the history of Europe as a political, geographic, and social entity. After years of negotiations, ten European countries joined the European Union, bringing in their potential and expectations, adding a total population of 75 million people and a...
Persistent link: https://www.econbiz.de/10005408352