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This paper uses the Auerbach-Kotlikoff Dynamic Simulation Model to compare the projected demographic transitions in Canada and the United States. The simulation model determines the perfect foresight transition path of an economy in which individuals live to age 75. The model's preferences are...
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In comparing Canada with the U.S., we first simulate the U.S. demographic transition, treating the U.S. as a closed economy. The time path of interest rates obtained from the U.S. simulations are then used in the Canadian simulations. In the Canada simulations, Canada is assumed to be an open...
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Nach dem vieldiskutierten Bericht an den Club of Rome von 1972 wurde die Debatte um die Zukunftsaussichten unseres Planeten in mehreren Updates fortgesetzt. An beiden Berichten war der norwegische Zukunftsforscher J. Randers beteiligt während G. Maxton sich in "Die Wachstumslüge" ebenfalls mit...
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