Showing 1 - 10 of 13,674
We compute a stochastic household forecast for the Netherlands by the random share method. Time series of shares of persons in nine household positions, broken down by sex and five-year age group for the years 1996-2010 are modelled by means of the Hyndman-Booth-Yasmeen product-ratio variant of...
Persistent link: https://www.econbiz.de/10010354141
The overlapping generations (OLG) model is an important framework for analyzing any type of question in which age cohorts are affected differently by exogenous shocks. However, as the dimensions and degree of heterogeneity in these models increase, the computational burden imposed by rational...
Persistent link: https://www.econbiz.de/10013110566
Persistent link: https://www.econbiz.de/10001510413
Persistent link: https://www.econbiz.de/10001517791
expenditures of each family member. We also test the core assumption (efficiency) and homogeneity assumptions used for …
Persistent link: https://www.econbiz.de/10014254963
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
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
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 … probability of 75%. Based on this result, it is unlikely that the fertility level will fall back to its extremely low levels of …
Persistent link: https://www.econbiz.de/10011860247
Persistent link: https://www.econbiz.de/10003904187
Persistent link: https://www.econbiz.de/10003616075