Showing 1 - 10 of 6,011
Population changes are decisive for growth performances. This has been shown in a number of country studies, using time series data. The analysis is here extended in two dimensions: 1) the importance of demographics for growth is taking in to account a regional dimension allowing for spatial...
Persistent link: https://www.econbiz.de/10011575255
This paper presents a stochastic integrated model to forecast the German population and labour supply until 2060. Within a cohort-component approach, the population forecast applies principal components to birth, mortality, emigration and immigration rates. The labour force participation rates...
Persistent link: https://www.econbiz.de/10011586534
Contrary to the number of unemployed or vacancies, the number of employees subject to social security contribu-tions (SSC) for Germany is published after a time lag of 2 months. Furthermore, there is a waiting period of 6 months until the values are not revised any more. This paper uses monthly...
Persistent link: https://www.econbiz.de/10012242291
This paper introduces a simple, frequently and easily updated, close to the data epidemiological model that has been used for near-term forecast and policy analysis. We provide several practical examples of how the model has been used. We explain the epidemic development in the UK, the USA and...
Persistent link: https://www.econbiz.de/10013305549
Complementing the focus of the second piece, quot;Adding Immigrants to Microsimulation Models,quot; on forecasting immigrant earnings and emigration in a quot;closed systemquot; for a given population, the last article of the trilogy explores how to project immigrant earnings for an quot;open...
Persistent link: https://www.econbiz.de/10012770780
Population size and structure in conjunction with the participation behavior are the determinants of labor supply. Thereby, among the demographic components, migration is the one shaping both the size and the structure of a population the strongest in the short to medium term while...
Persistent link: https://www.econbiz.de/10014282754
The paper derives analytical transitions probabilities following an exogenous shock to the deterministic component in the conditional logit model. The solution draws on the postestimation distribution of the model's stochastic component, identified on the basis of a direct utility maximization...
Persistent link: https://www.econbiz.de/10013319505
Increasing retirement ages in an automatic or scheduled way with increasing life expectancy at retirement is a popular pension policy response to continuous longevity improvements. The question addressed here is: to what extent is simply adopting this approach likely to fulfill the overall goals...
Persistent link: https://www.econbiz.de/10012597036
Potential links between inflation, (t), and unemployment, UE(t), in Germany have been examined. There exists a consistent (conventional) Phillips curve despite some changes in monetary policy. This Phillips curve is characterized by a negative relation between inflation and unemployment with the...
Persistent link: https://www.econbiz.de/10014223809
A fundamental assumption of expected utility models is that agents make predictions by formulating rational expectations. Building on this assumption, the literature has addressed to what extent rational choice or behaviorally informed utility models best describe intertemporal substitution of...
Persistent link: https://www.econbiz.de/10013251591