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Population ageing and the labour market: Modelling size and age-specific effects

Lisenkova, Katerina; Mérette, Marcel; Wright, Robert - In: Economic Modelling 35 (2013) C, pp. 981-989

This paper presents a dynamic Overlapping Generations Computable General Equilibrium (OLG-CGE) model of Scotland. The model is used to examine the impact of population ageing on the labour market. More specifically, it is used to evaluate the effects of labour force decline and labour force...

Persistent link: https://www.econbiz.de/10011048864

Can sustained economic growth and declining population coexist?

Elgin, Ceyhun; Tumen, Semih - In: Economic Modelling 29 (2012) 5, pp. 1899-1908

Most of the developed countries have been experiencing sub-replacement fertility. This leads to worries over the sustainability of economic growth in these countries. Given this concern, we ask the following questions: Is there a force that would allow economic growth and declining population to...

Persistent link: https://www.econbiz.de/10011048866

Can the ageing North benefit from expanding trade with the South?

Georges, Patrick; Lisenkova, Katerina; Mérette, Marcel - In: Economic Modelling 35 (2013) C, pp. 990-998

In this paper we estimate the benefit for the ageing North countries of diversifying some of their trade away from other North countries in favour of South countries. To this end we use a six-region overlapping generations model that takes into account the demographic trends of the 21st century...

Persistent link: https://www.econbiz.de/10011048954

Modelling the distribution of returns on higher education: A microsimulation approach

Courtioux, Pierre; Gregoir, Stéphane; Houeto, Dede - In: Economic Modelling 38 (2014) C, pp. 328-340

Cost-sharing policies for higher education have been implemented in several countries in various ways. We argue that to assess their appropriateness and facilitate their implementation it is necessary to develop statistical indicators of the distribution of returns. When starting a higher...

Persistent link: https://www.econbiz.de/10010753332

The impact of population ageing on energy use: Evidence from Italy

Garau, Giorgio; Lecca, Patrizio; Mandras, Giovanni - In: Economic Modelling 35 (2013) C, pp. 970-980

In this study we evaluate the impact of demographic change on energy use. The results are obtained from calibrated overlapping generations general equilibrium model for Italy. Contrary to studies based on partial equilibrium regression models, or fixed price models that are unable to account for...

Persistent link: https://www.econbiz.de/10010719426

Urbanization and renewable and non-renewable energy consumption in OECD countries: An empirical analysis

Salim, Ruhul A.; Shafiei, Sahar - In: Economic Modelling 38 (2014) C, pp. 581-591

This article aims to analyse the impact of urbanization on renewable and non-renewable energy consumption in OECD …, urbanization and population density are found to be significant factors, particularly with respect to non-renewable energy … consumption. The results also reveal that while total population and urbanization positively influence non-renewable energy …

Persistent link: https://www.econbiz.de/10010753352

Volatility transmission in agricultural futures markets

Beckmann, Joscha; Czudaj, Robert - In: Economic Modelling 36 (2014) C, pp. 541-546

After the huge rise and fall of agricultural commodity spot and futures prices between 2007 and 2008, the potential reasons for and the impact of the strong rise in volatility provoked an intensive debate in the media as well as in the academic literature. However, owing to the increasing...

Persistent link: https://www.econbiz.de/10010729827

Asymmetric generalized impulse responses with an application in finance

Hatemi-J, Abdulnasser - In: Economic Modelling 36 (2014) C, pp. 18-22

Since the seminal work by Sims (1980), the impulse response functions are regularly applied to capture the propagation mechanism of a shock across time. This paper suggests a new approach for allowing asymmetry in the impulse response functions. This is an issue that has been neglected in the...

Persistent link: https://www.econbiz.de/10010729835

Why don't banks lend to Egypt's private sector?

Herrera, Santiago; Hurlin, Christophe; Zaki, Chahir - In: Economic Modelling 33 (2013) C, pp. 347-356

Bank credit to Egypt's private sector decreased over the last decade, despite a recapitalized banking system and high rates of economic growth. Recent macro-economic turmoil has reinforced the trend. This paper explains the decrease based on credit supply and demand considerations by 1)...

Persistent link: https://www.econbiz.de/10010737970

On the stationarity of per capita carbon dioxide emissions over a century

Christidou, Maria; Panagiotidis, Theodore; Sharma, Abhijit - In: Economic Modelling 33 (2013) C, pp. 918-925

This paper examines the stationarity of carbon dioxide (CO2) emissions per capita for a set of 36 countries covering the period 1870–2006. We employ recently developed unit root and stationarity tests that allow for the mean reverting process to be nonlinear and take into account cross...

Persistent link: https://www.econbiz.de/10010737975

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