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This paper simulates the macroeconomic effects of population aging in a dynamic overlapping generations model of a … small open economy. The model is calibrated to data for the Czech Republic, where population aging is proceeding at a pace … comparable to that in other advanced countries in Europe. Simulations show that population aging is likely to slow economic …
Persistent link: https://www.econbiz.de/10005264152
The paper develops a general equilibrium framework to examine the economic implications of population aging in Japan … assess the impact of aging on Japan's government finances; and (ii) compare fiscal policy options with respect to their … implications of population aging in Japan. Particular attention is paid to aggregate saving behavior which is modeled on the basis …
Persistent link: https://www.econbiz.de/10005769220
This paper explores the global impact of population aging, using a calibrated overlapping generations model of eight …
Persistent link: https://www.econbiz.de/10005605062
concerning the evolutionary theory of aging. In this work, we follow a different path: we show two examples where simple age …
Persistent link: https://www.econbiz.de/10010588473
age structure was inserted in the dynamics through bit string model for biological aging, proposed by Penna in 1995. The …
Persistent link: https://www.econbiz.de/10010591148
of Verhulst-free steady states using the Penna aging model, with one semelparous birth per adult. Stable populations are …
Persistent link: https://www.econbiz.de/10011058922
On the basis of rough set theory, this paper presents the single element medium- and long-term classification forecast model that uses historical data of a hydrologic series as forecast factors. The minimal rule set, i.e., forecast pattern set, is achieved according to the principle of maximal...
Persistent link: https://www.econbiz.de/10010847341
Issues like structural breaks and misspecification biases make it difficult to find a term structure of interest rates forecast model that dominates all competitors. Focusing on Brazilian data, this paper aims to identify the existence of combining methods that provide superior performance than...
Persistent link: https://www.econbiz.de/10010885093
As afforestation programs of former farmlands take hold in Taiwan to achieve a variety of ecological and socio-economic values, it is becoming necessary to define best forest management. Hence, we simulated mixed stands of <i>Cinnamomum camphora </i>and <i>Fraxinus griffithii</i> planted through a gradient of...
Persistent link: https://www.econbiz.de/10011220349
The econometric model described in this paper presents an innovative approach of the firm level data (micro data) usage, compiled from official statistics for the projection of the demand for labour differentiated at the sectoral and/or regional level. The aim of our dynamic model is to...
Persistent link: https://www.econbiz.de/10005089538