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Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where...
Persistent link: https://www.econbiz.de/10010790493
This paper simulates the macroeconomic effects of population aging in a dynamic overlapping generations model of a small open economy. The model is calibrated to data for the Czech Republic, where population aging is proceeding at a pace comparable to that in other advanced countries in Europe....
Persistent link: https://www.econbiz.de/10005264152
The United Kingdom allowed workers from the ten new European Union member countries immediate access to its labor market after the accession in 2004. This paper uses a general equilibrium framework to explore the dynamic adjustment of the UK economy to the postaccession surge in immigration....
Persistent link: https://www.econbiz.de/10005605180
literature. Going further, we simulate global savings behavior based on our framework and find that China’s demographics should …
Persistent link: https://www.econbiz.de/10011142029
Persistent link: https://www.econbiz.de/10011301126
This paper provides a brief review of readily available labor force and employment data for the United States and local areas. Labor force and employment terminology, geographic parameters, and strengths and weaknesses of available data sets are discussed.
Persistent link: https://www.econbiz.de/10005154740
Persistent link: https://www.econbiz.de/10013350318
using a dynamic intertemporal general equilibrium four-country model containing demographics calibrated to the "medium …
Persistent link: https://www.econbiz.de/10005826038
This research fills a void in the regional development literature by assessing how labor force migration affects regional adjustment in peripheral regions and whether it differs from the rest of the country. We do this by comparing patterns for the lagging Appalachian region to the United States...
Persistent link: https://www.econbiz.de/10010683659
one hand, to avoid the contagion effect from composite life and nonlife insurance companies operating annuities, and on …
Persistent link: https://www.econbiz.de/10011244170