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We analyze the short and long run effects of demographic ageing - increased longevity and reduced fertility - on per-capita growth. The OLG model captures direct effects, working through adjustments in the savings rate, labor supply, and capital deepening, and indirect effects, working through...
Persistent link: https://www.econbiz.de/10010274850
We analyze the short and long run effects of demographic ageing - increased longevity and reduced fertility - on per-capita growth. The OLG model captures direct effects, working through adjustments in the savings rate, labor supply, and capital deepening, and indirect effects, working through...
Persistent link: https://www.econbiz.de/10011430084
debt as a means to i) deliver intergenerational transfers or ii) smooth tax distortions. We find that certain politico …
Persistent link: https://www.econbiz.de/10011430095
debt as a means to i) deliver intergenerational transfers or ii) smooth tax distortions. We find that certain politico …
Persistent link: https://www.econbiz.de/10010280834
This contribution describes the linkage of microsimulation models and computable general equilibrium (CGE) models using …, microsimulation models allow for detailed labor supply and distributional effects due to policy measures, as individual household data …
Persistent link: https://www.econbiz.de/10010299463