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the implications for literacy skills? A paper entitled “Ageing and Literacy Skills: Evidence from Canada, Norway and the … Adult Literacy Survey (IALS) and the 2003 International Adult Literacy and Life Skills Survey (IALSS). Canada, as many other … Canada, HRSDC) find that the projected decline in the growth of the labour force would raise pressures on labour markets …
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-generations model applied to Canada. In the context of population ageing, the results indicate that how the policy is funded has …
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This paper investigates the impact of low fertility on long-term capital accumulation and economic welfare. We find that the impact differs according to whether the low fertility arises from a decrease in the intensive or extensive margin of fertility. We show that an increase in the intensive...
Persistent link: https://www.econbiz.de/10011252718
This paper examines the effect of the timing of childbirth on capital accumulation and welfare in a simple overlapping generations model, where each agent lives for four periods and works for two periods. We show that delayed childbearing not only reduces population, but also generates...
Persistent link: https://www.econbiz.de/10009325570
This study presents a two-period overlapping-generations model featuring en- dogenous growth and intergenerational conflict over fiscal policy. In particular, we characterize a Markov-perfect political equilibrium of the voting game between gen- erations, and show the following results. First,...
Persistent link: https://www.econbiz.de/10011120423
This paper develops a two-period overlapping-generations model featuring en- dogenous growth and intergenerational conflict over fiscal policy. In particular, the paper characterizes a Markov-perfect political equilibrium of the voting game be- tween generations, and shows the following results....
Persistent link: https://www.econbiz.de/10011120424
This paper analyses the effects of reducing unfunded social security and population ageing on economic growth and welfare, both for a small open economy and for a closed economy.The economy consists of a service sector and a commodity sector.Productivity growth only occurs in the latter sector...
Persistent link: https://www.econbiz.de/10011090756