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This paper investigates the impact of demographic shocks and budgetary policy on the welfare of all generations. For this purpose, we build a large scale OLG model that captures most crucial variables for the analysis of population shocks conse- quences in France. We introduce life uncertainty...
Persistent link: https://www.econbiz.de/10011011542
In this paper, we examine the performance of the TROLL stacked-time algorithm in the simulation of large scale overlapping generations (OLG) models. At each period of time, the number of equations is proportional to the individual length of lifetime. The model size and the data requirements may...
Persistent link: https://www.econbiz.de/10011011633
Cet article repose sur une base de données originale mesurant les stocks et les taux d'émigration par niveau de qualification pour tous les pays du monde et pour la majorité des territoires dépendants en 1990 et en 2000 (Docquier et Marfouk [2005]). Nous analysons ici le rôle de l'Union...
Persistent link: https://www.econbiz.de/10011011685