This paper presents a dynamic Overlapping Generations Computable General Equilibrium (OLG-CGE) model of Scotland. The model is used to examine the impact of population ageing on the labour market. More specifically, it is used to evaluate the effects of labour force decline and labour force...

This paper uses an OLG CGE model for the UK to illustrate the long-term effect on migration on the macroeconomy. As an illustration we use current UK government's migration target to reduce net migration "from hundreds of thousands to tens of thousands". Achieving this target would require to...

This paper develops a new data set using a new accounting methodology called National Transfer Accounts (NTA). NTA permit to build an accounting system that takes consideration the factor age into national accounts. NTA are consistent with national accounts and allows the estimation of lifecycle...

The objectives of this research are to develop a multi-region multi-sector CGE model with FDI that will allow assessing the impact of security measures on the Canadian and U.S. economies. We assess the impact in terms of Canada-U.S. bilateral trade and foreign direct investment, but also in...

It is well known that over the next several decades, there will be significant changes in the age structure of OECD populations. According to recent demographic projections by the United Nations, the share of the old-aged population is expected to double, on average, over the next 50 years in...

In this paper we describe in detail the general structure of a multi-country, multi-sector, dynamic general equilibrium model with imperfect competition. We also discuss the numerical data requirements and the calibration procedure, and we offer an illustrative simulation exercise based on a...