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The reproductive value (see Fisher [10]) arises as part of the shadow price of the population in a large class of age-structured optimal control models.
Persistent link: https://www.econbiz.de/10009021610
In this paper we investigate the effectiveness of family policies in the context of the structure of a society. We use an agent-based model to analyse the impact of policies on individual fertility decisions and on fertility at the aggregate level. The crucial features of our model are the...
Persistent link: https://www.econbiz.de/10010711754
This paper investigates the role of recent pension reforms for the development of the social security system and economic growth in Austria. We use a computable general equilibrium model that is built up of overlapping generations that differ by their household structure, longevity, educational...
Persistent link: https://www.econbiz.de/10010565952
In this methodological paper we discuss and apply machine learning tech-niques, a core research area in the artificial intelligence literature, to analyse simultaneously timing, sequencing, and quantum of life course events from a comparative perspective. We outline the need for techniques which...
Persistent link: https://www.econbiz.de/10005565959
In this paper we study changes in the size and the composition of the labour force in five OECD countries from 1983 through 2000. We apply a recent decomposition method to quantify the components of the change over time in the crude labour force rate and the mean age of the labour force. Our...
Persistent link: https://www.econbiz.de/10005163154
This chapter offers an in-depth analysis of fertility in Austria, a country which has experienced a low and relatively stable fertility level and a gradual postponement of childbearing since the mid-1980s. We begin by summarising Austrian population trends in the post-World War II period and...
Persistent link: https://www.econbiz.de/10005163199
Increasing proportions of couples are making childbearing decisions in stepfamilies but there has been no general comparative picture across European countries on stepfamily formation. The present paper aims to fill this gap and provides a comparison of European countries using macro-level...
Persistent link: https://www.econbiz.de/10005163246
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Persistent link: https://www.econbiz.de/10005163268
The standardised rate of third births declined by over 50 percent in Austria between the late 1970s and the mid-1990s. The third birth was also postponed gradually over the years up through 1991-92, after which the tempo of childbearing suddenly increased in response to a change in the...
Persistent link: https://www.econbiz.de/10005168318
We present an agent-based model designed to study the cultural evolution of age-at-marriage norms. We review theoretical arguments and empirical evidence on the existence of norms proscribing marriage outside of an acceptable age interval. Using a definition of norms as constraints built in...
Persistent link: https://www.econbiz.de/10005700115