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The demographic transition is a phenomenon affecting many industrialized societies. These economies are experiencing a decline in mortality alongside low fertility rates - a situation that puts social security systems under severe pressure. To implement appropriate reform measures, adequate...
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The future development of population size and structure is of importance since planning in many areas of politics and business is conducted based on expectations about the future makeup of the population. Countries with both decreasing mortality and low fertility rates, which is the case for...
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Good forecasts for future fertility developments are of high importance in political planning, especially regarding measures in social insurance. Fertility is the main driver of demographic change, since small fertility rates lead to a shrinking population and together with decreasing mortality...
Persistent link: https://www.econbiz.de/10011722114
This contribution proposes a simulation approach for the indirect estimation of age-specific fertility rates (ASFRs) and the total fertility rate (TFR) for Germany via time series modeling of the principal components of the ASFRs. The model accounts for cross-correlation and autocorrelation...
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