Similar Search Results

Population Ageing and Pension Reform in a Small Open Economy with Non-Traded Goods

Bettendorf, Leon; Heijdra, Ben - 2005

In this paper we study the implications of population ageing in an economy with a sizeable non-traded goods sector. To this effect a highly stylized micro-founded macro model is constructed in which the age structure of the population plays a non-trivial role. The model distinguishes separate...

Persistent link: https://www.econbiz.de/10010325541

Population ageing and public pension reforms in a small open economy

Nickel, Christiane; Rother, Philipp; Theophilopoulou, … - 2008

This paper aims to address the issue of public pension reforms under demographic ageing that is likely to occur in Europe over the next 50 years. Three possible scenarios are analysed in a Blanchard OLG framework. These include: i) a decrease both in public pensions and the lump sum labour...

Persistent link: https://www.econbiz.de/10011604909

Probabilistic aging

Grafenhofer, Dominik; Jaag, Christian; Keuschnigg, Christian - 2006

The paper develops an overlapping generations model with probabilistic aging of households. We define age as a set of personal attributes such as earnings potential, health and tastes that are characteristic of a person's position in the life-cycle. In assuming a limited number of different...

Persistent link: https://www.econbiz.de/10010261425

Demographic uncertainty and taxes

Valkonen, Tarmo - 2002

Väestön ikääntyminen vaikuttaa talouteen paitsi suoraan markkinareaktioiden, kuten korkeampien palkkojen kautta, mutta myös epäsuorasti julkisen talouden kautta. Jälkimmäisiä vaikutuskanavia edustavat nousevien veroasteiden tuottamat käyttäytymismuutokset ja julkisen sektorin...

Persistent link: https://www.econbiz.de/10010285087

Income distribution and macroeconomics revisited: The role of fertility adjustment

Nakagawa, Masao; Sugimoto, Yoshiaki - 2009

This paper develops a theory in which households prepare for future education by adjusting the number of children they intend to raise. Income inequality lowers output per worker only if the inequality is attributed in some part to unexpected disturbances after childbirth.

Persistent link: https://www.econbiz.de/10010332195

Fertility, Female Labor Supply, and Family Policy

Fehr, Hans; Ujhelyiova, Daniela - 2010

The present paper develops a general equilibrium model with overlapping generations and endogenous fertility in order … to analyze the interaction between public policy and household labor supply and fertility decisions. The model …'s benchmark equilibrium reflects the current family policy as well as the differential fertility pattern of educational groups in …

Persistent link: https://www.econbiz.de/10011600973

Education and Labor Market Activity of Women: An Age-Group Specific Empirical Analysis

Münch, Claudia; van Wijnbergen, Sweder - 2009

We analyze the determinants of female labor market participation for different age-groups in the European Union. We show that female participation is positively affected by tertiary education at any age. But upper secondary education increases participation only up to an age of 40 while after...

Persistent link: https://www.econbiz.de/10010326035

Global aging and fiscal policy with international labor mobility: a political economy perspective

Tosun, Mehmet Serkan - 2009

This paper uses an overlapping generations model with international labor mobility and a politically responsive fiscal policy to examine aging in developed and developing regions. Migrant workers change the political structure composed of young and elderly voters in both labor-receiving and...

Persistent link: https://www.econbiz.de/10010269040

Human capital accumulation and the macroeconomy in an ageing society

Heijdra, Ben J.; Reijnders, Laurie S. M. - 2012

How do population ageing shocks affect the long-run macroeconomic performance of an economy? To answer this question we build a general equilibrium overlapping generations model of a closed economy featuring endogenous factor prices. Finitely-lived individuals are endowed with perfect foresight...

Persistent link: https://www.econbiz.de/10010291543

Keeping up with the ageing Joneses

Fisher, Walter H.; Heijdra, Ben J. - 2007

In this paper we consider the implications of relative consumption externalities in the Blanchard-Yaari overlapping generations framework. Unlike most of the macroeconomic literature that studies this question, the differences between agents, and, thus, in their relative position, persist in...

Persistent link: https://www.econbiz.de/10010294031

1
2
3
4
5
6
7
8
9
10
Next
Last