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Population Aging in Canada: Software for Exploring the Implications for the Labour Force and the Productive Capacity of the Economy

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Author Info
Frank T Denton
Christine H Feaver
Byron G Spencer

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Abstract

This report has two purposes: (1) to introduce a new version of the MEDS (Models of the Economic Demographic System) software; and (2) to apply it in a series of illustrative projections. The software is designed to illustrate the medium- to longer-term responses of the Canadian population and economy to a wide range of factors on either the demographic side, such as changes in rates of fertility, migration, and mortality, or the economic side, such as changes in the rate of technical progress or the educational attainment of young people or of new immigrants. "Standard" projections are provided, together with nineteen alternative projections. (For some illustrative projections, see http://socserv.mcmaster.ca/qsep.) The range of projections indicates the breadth of applications for which MEDS has been designed. It serves also to provide some quantitative measures of the likely demographic and economic consequences of population aging, and indicates the scope for evaluating policy initiatives by means of simulation.

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File URL: http://socserv2.socsci.mcmaster.ca/~sedap/p/sedap146.pdf
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Publisher Info
Paper provided by McMaster University in its series Social and Economic Dimensions of an Aging Population Research Papers with number 146.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 153 pages
Date of creation: Dec 2005
Date of revision:
Handle: RePEc:mcm:sedapp:146

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Related research
Keywords: population; labour force; economy; projection system;

Other versions of this item:

Find related papers by JEL classification:
J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends and Forecasts
E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation
C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. F.T. Denton & C. Feaver & B.G. Spencer, 1996. "The Future Population of Canada and Its Age Distribution," Quantitative Studies in Economics and Population Research Reports 317, McMaster University.
    Other versions:
  2. Gary S. Becker, . "Fertility and the Economy," University of Chicago - Population Research Center 92-3, Chicago - Population Research Center.
    Other versions:
  3. Candace L. Kemp & Carolyn J. Rosenthal & Margaret Denton, 2004. "Financial Planning for Later Life: Subjective Understandings of Catalysts and Constraints," Social and Economic Dimensions of an Aging Population Research Papers 118, McMaster University.
  4. Frank T. Denton & Byron G. Spencer, 1997. "Demographic Trends, Labour Force Participation, and Long-term Growth," Independence and Economic Security of the Older Population Research Papers 23, McMaster University. [Downloadable!]
    Other versions:
  5. Frank T. Denton & Byron G. Spencer, 1997. "Population, Labour Force and Long-term Economic Growth," Quantitative Studies in Economics and Population Research Reports 336, McMaster University.
    Other versions:
  6. Denton, Frank T & Spencer, Byron G, 1973. "A Simulation Analysis of the Effects of Population Change on a Neoclassical Economy," Journal of Political Economy, University of Chicago Press, vol. 81(2), pages 356-75, Part I, M. [Downloadable!] (restricted)
  7. Frank T. Denton & Christine H. Feaver & Byron G. Spencer, 2002. "Alternative Pasts, Possible Futures: A "What If" Study of the Effects of Fertility on the Canadian Population and Labour Force," Social and Economic Dimensions of an Aging Population Research Papers 67, McMaster University. [Downloadable!]
    Other versions:
  8. Candace L. Kemp & Carolyn J. Rosenthal & Margaret Denton, 2004. "Financial Planning for Later Life: Subjective Understandings of Catalysts and Constraints," Quantitative Studies in Economics and Population Research Reports 389, McMaster University.
  9. Frank T. Denton & Byron G. Spencer, 1996. "Population Aging and the Maintenance of Social Support Systems," Independence and Economic Security of the Older Population Research Papers 9, McMaster University. [Downloadable!]
    Other versions:
  10. Gary S. Becker & James S. Duesenberry & Bernard Okun, 1960. "An Economic Analysis of Fertility," NBER Chapters, in: Demographic and Economic Change in Developed Countries, pages 225-256 National Bureau of Economic Research, Inc. [Downloadable!]
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Margaret Denton & Linda Boos, 2007. "Gender Inequality in the Wealth of Older Canadians," Quantitative Studies in Economics and Population Research Reports 413, McMaster University. [Downloadable!]
  2. Margaret Denton & Karen Kusch, 2006. "Well-Being Throughout the Senior Years: An Issues Paper on Key Events and Transitions in Later Life," Quantitative Studies in Economics and Population Research Reports 411, McMaster University. [Downloadable!]
  3. Isik U. Zeytinoglu & Margaret Denton, 2006. "Satisfied Workers, Retained Workers: Effects of Work and Work Environment on Homecare Workers' Job Satisfaction, Stress, Physical Health, and Retention," Quantitative Studies in Economics and Population Research Reports 412, McMaster University. [Downloadable!]
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This page was last updated on 2009-11-24.

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