European population growth has slowed over the last thirty years, with a steadily decreasing excess of births over deaths. Net migration is now a major contributor and in some countries plays a decisive role in maintaining positive population growth. This general trend is common to most European...

I evaluate the out-of-sample forecasting performance of five models of Chinese and Indian energy consumption. The results are mixed, but in general the auto-regressive distributed lag and unobserved components models perform the best over multiple evaluation criteria. I then use these two models...

The subject of this paper is the Demographic Reserve Fund (DRF) which was established following the November 11th 1998 legal act of on the system of social security. The goal of the paper is the analysis and diagnosis of as well as the forecast for the Fund's demand for the financial means that...

We use the stochastic simulation algorithm, described in Judd, Maliar and Maliar (2009), and the cluster-grid algorithm, developed in Judd, Maliar and Maliar (2010a), to solve a collection of multi-country real business cycle models. The following ingredients help us reduce the cost in...

Provides estimates and projections of the ecomically active population to 2010.

The tests on the homogeneity of the columns of the coefficient matrix in a multiple multivariate linear regression with some rows of the matrix constrained by synchronized orderings, using the test statistics obtained by replacing the unknown variance–covariance matrix with its estimator in...

In this paper we investigate the determinants of past changes in the labor force of 12 emerging Asian countries, and attempt to make projections of the labor force in those countries for the period 2010–2030. Results from our regression analysis of the labor force indicate that the wage...