Baumgartner, Josef; Hofer, Helmut; Kaniovski, Serguei; … - Department of Economics and Finance Research and … - 2004
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...