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ageing in Canada, using a computable general equilibrium overlapping-generations model. The model is calibrated along a …
Persistent link: https://www.econbiz.de/10005008700
-generations model applied to Canada. In the context of population ageing, the results indicate that how the policy is funded has …
Persistent link: https://www.econbiz.de/10010573824
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 …
Persistent link: https://www.econbiz.de/10011184432
This paper considers a model with three overlapping generations of which only the middle one is able to work. There is a trade-off between food and bio-fuel pro- duction. We try to study this trade-off, its influence on economic growth and on resource consumption. The paper should state that...
Persistent link: https://www.econbiz.de/10010957040
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 analyzes a social security policy with public debt in an overlapping generations growth model. In particular, the paper considers a situation in which population aging causes a heavy burden of social security payments where public debt is issued by the government to finance the...
Persistent link: https://www.econbiz.de/10005018473
We develop an overlapping generations model of growth and the environment in which industrial firms produce environmentally harmful emissions. A government controls the emissions by assigning emission quotas to firms, and permits could be issued and freely traded as financial instruments across...
Persistent link: https://www.econbiz.de/10005018622
In this paper, we analyze the effects of population aging on economic growth and the environment in a two-period overlapping generations model of growth, aging, and the environment. We show that aging may be beneficial to economic growth and the environment under perfect annuitisation, while...
Persistent link: https://www.econbiz.de/10005018642
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
Persistent link: https://www.econbiz.de/10008596138