Population ageing and the labour market : modelling size and age-specific effects
Lisenkova, Katerina and Merette, Marcel and Wright, Robert (2013) Population ageing and the labour market : modelling size and age-specific effects. Economic Modelling, 35. 981–989. ISSN 0264-9993
Full text not available in this repository.Request a copy from the Strathclyde authorAbstract
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 ageing on keymacro-economic variables.The second effect is assumed to operate through age-specific productivity and labour force participation. In the analysis, particular attention is paid to how population ageing impinges on the government expenditure constraint. The basic structure of the model follows the Auerbach and Kotlikoff tradition. However, the model takes into consideration directly age-specific mortality. This is analogous to “building in” a cohort-componentpopulation projection structure to the model, which allows more complex and more realistic demographic scenarios to be considered.
Creators(s): |
Lisenkova, Katerina ![]() ![]() | Item type: | Article |
---|---|
ID code: | 45315 |
Keywords: | OLG-CGE modelling, population ageing, scotland, labour market, modelling, size , age-specific effects, Regional economics. Space in economics, Economics, Econometrics and Finance(all) |
Subjects: | Social Sciences > Communities. Classes. Races > Regional economics. Space in economics |
Department: | Strathclyde Business School > Economics |
Depositing user: | Pure Administrator |
Date deposited: | 22 Oct 2013 14:51 |
Last modified: | 06 Jan 2021 08:20 |
Related URLs: | |
URI: | https://strathprints.strath.ac.uk/id/eprint/45315 |
Export data: |