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Immigration is a possible instrument for offsetting longer-run adverse effects of population aging on per capita income. Our "laboratory" is a fictional country Alpha to which we assign demographic characteristics typical of a country experiencing population aging. Simulations indicate that a...
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appropriate remedy and little action. In this paper, I present a comprehensive OLG model tailored for simulation of pension … a well designed multipillar pension scheme, which can provide an optimal balance of performance indicators without …
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We analyze the performance outcomes of National Hockey League (NHL) players over 18 seasons (1990-1991 to 2007-2008) as … chiefly by supply-side factors in the form of excess cohort competition and not quality differences since the performance of … cohorts. Performance-adjusted wage losses for those born in large birth cohorts are therefore greater than the raw estimates …
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In this study we use a long run macroeconomic model for Austria to simulate the effects of aging on employment, output growth, and the solvency of the social security system. By disaggregating the population into six age cohorts and modelling sex specific participation rates for each cohort, we...
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