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This paper estimates and discusses some of the potential labour market implications arising from the rapid ageing of …
Persistent link: https://www.econbiz.de/10005046082
The long-term sustainability of the public finance in the context of population ageing is becoming a hot topic in most … ageing assuming a preservation of the current Czech pension security scheme in the period up to 2050. The analysis is based …
Persistent link: https://www.econbiz.de/10005036668
The paper examines formation and sustainability of Pay-As-You-Go pension systems within the consequences of the ageing …, reciprocal causation between pension systems and ageing is stressed. The paper concludes that the World Bank’s first pillar …
Persistent link: https://www.econbiz.de/10005616667
ageing. When the responses of labour supply, wages, and hence private consumption, to higher taxation are consistently … accounted for, population ageing has clearly much larger effects on public finance, when compared to mechanical sustainability … burden of ageing. This is due to the fact that stochastic variation in the length of working time has only a relatively small …
Persistent link: https://www.econbiz.de/10005648843
In this chapter, William Scarth examines the relationship between population aging, productivity and growth in living standards and reaches a more optimistic conclusion about the effects of aging on productivity. Indeed, he finding that aging may in fact lead to increases in productivity, even...
Persistent link: https://www.econbiz.de/10005650209
This paper analyses the impact of health, pension systems and longevity on savings. It uses a simple life-cycle model embodying social transfers (health care and pension expenditures) and changes in longevity to determine the level of household savings. From this model, we derived an econometric...
Persistent link: https://www.econbiz.de/10010779372
arising from the ageing of the population would be more than eliminated, although the rest of the IGR fiscal gap — arising …
Persistent link: https://www.econbiz.de/10010781917
This paper examines the output implications of a significant rise in Australian labour force participation over the next forty years. Using the projections in the Commonwealth Government’s 2002-03 Intergenerational Report as a benchmark, it generates alternative projections assuming that, for...
Persistent link: https://www.econbiz.de/10010781925
solution. A comprehensive approach is needed. Countries with declining and ageing workforces need to sustain or raise … upgrading. The impact of population ageing on economic variables is nuanced but should not be ignored. …
Persistent link: https://www.econbiz.de/10010601712
This review article discusses the volume Ageing, Health and Productivity: The Economics of Increased Life Expectancy …, which provides a detailed examination of the relationship between ageing and productivity. While the authors find some … evidence of a negative effect of ageing on productivity, they conclude that at the aggregate level the effect is small. The …
Persistent link: https://www.econbiz.de/10010602251