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In this paper we compare several types of economic dependency ratios for a selection of European countries. These dependency ratios take not only into account the demographic structure of the population, but also the differences in age-specific economic behaviour such as labour market activity,...
Persistent link: https://www.econbiz.de/10011336717
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We assess the impact of population structure on economic growth. Following recent research, we focus on the generational turnover as a key driver of consumption growth. We characterize the impact of the average birth and death rates on the generational turnover, depending on the age-profile of...
Persistent link: https://www.econbiz.de/10010477584
In this paper we compare several types of economic dependency ratios for a selection of European countries. These dependency ratios take not only into account the demographic structure of the population, but also the differences in age-specific economic behaviour such as labour market activity,...
Persistent link: https://www.econbiz.de/10010457574
The economic life cycle is characterised by three distinct phases: two phases of economic dependence and one phase of economic independence. In most societies, children consume resources generated by adults, transferred to them by family or by the public sector. The elderly, in turn, possess an...
Persistent link: https://www.econbiz.de/10010459885
We assess the impact of population structure on economic growth. Following recent research, we focus on the generational turnover as a key driver of consumption growth. We characterize the impact of the average birth and death rates on the generational turnover, depending on the age-profile of...
Persistent link: https://www.econbiz.de/10010480940
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