When the future evolution of demographic processes is described in a stochastic setting, the challenge is to communicate the meaning of forecast uncertainty in an understandable way, to decision makers and public at large. For the purpose of risk communication, a formal setting is developed, in...

The study analyses the demographic changes in five countries of the Western Balkans - Albania, Bosnia and Herzegovina, Montenegro, North Macedonia, and Serbia - which are associated with and are potential candidates for European Union (EU) member states. Due to a lack of data, Kosovo was...

This paper considers the implications of the prospective aging of the U.S. population for the social security system and concludes that the large and growing cashflow surpluses of the social security trust funds should be saved to help insulate living stands against this change. A number of...