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The economic impact of ageing populations in the EU25 Member States

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Author Info

  • Giuseppe Carone
  • Declan Costello
  • Nuria Diez Guardia
  • Gilles Mourre
  • Bartosz Przywara
  • Aino Salomaki

Abstract

This paper presents an assessment of the overall economic impact of ageing for the EU Member States. It draws upon the macroeconomic assumptions developed by the Ageing Working Group attached to the Economic Policy Committee and the Directorate General for Economic and Financial Affairs for the purpose of making age-related expenditure projections. The paper presents and analyses projections of the impact of ageing populations on the labour market using a refined cohort approach by age and gender, as well as projections for potential economic growth rates up to 2050.

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File URL: http://ec.europa.eu/economy_finance/publications/publication562_en.pdf
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Bibliographic Info

Paper provided by Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission in its series European Economy - Economic Papers with number 236.

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Length: 57 pages
Date of creation: Dec 2005
Date of revision:
Handle: RePEc:euf:ecopap:0236

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Related research

Keywords: ageing population; pension reforms; productivity; labour force; GDP growth; production function; long-term projections; Carone; Costello; Diez Guardia; Mourre; Przywara; Salomaki;

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Cited by:
  1. Giuseppe Carone & Jan Host Schmidt & Gaetan Nicodeme, 2007. "Tax revenues in the European Union: Recent trends and challenges ahead," European Economy - Economic Papers 280, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
  2. Mateusz Walewski, 2007. "Analysis of cross-country differences in the shape of the age-wage relationship with an attempt to tackle age-productivity differences within the EU," CASE Network Studies and Analyses 0351, CASE-Center for Social and Economic Research.
  3. Paulus, Alari & Sutherland, Holly & Tsakloglou, Panos, 2009. "The Distributional Impact of In Kind Public Benefits in European Countries," IZA Discussion Papers 4581, Institute for the Study of Labor (IZA).
  4. Serguey Ivanov, 2009. "Demographic and economic factors of labour supply: Long-term projections and policy options for France, Germany, Italy and the United Kingdom," Vienna Yearbook of Population Research, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna, vol. 7(1), pages 83-122.
  5. Johann Fuchs & Enzo Weber, 2013. "A new look at the discouragement and the added worker hypotheses: applying a trend--cycle decomposition to unemployment," Applied Economics Letters, Taylor & Francis Journals, vol. 20(15), pages 1374-1378, October.
  6. Carone, Giuseppe & Denis, Cécile & Mc Morrow, Kieran & Mourre, Gilles & Röger, Werner, 2006. "Long-term labour productivity and GDP projections for the EU25 Member States : a production function framework," MPRA Paper 744, University Library of Munich, Germany.
  7. Paolo Biraschi & Lorenzo Codogno & Federico Giammusso & Manuela Nenna & Juan Pradelli, . "Are Italy's public finances sustainable? The role of demographics, productivity, and labour markets," Working Papers wp2008-6, Department of the Treasury, Ministry of the Economy and of Finance.

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