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The Budgetary And Economic Consequences Of Ageing In The Netherlands

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Author Info
Leon Bettendorf (Erasmus University Rotterdam)
R. Beetsma (University of Amsterdam)
P. Broer (Research Center For Economic Policy, Rotterdam)

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Abstract

The Netherlands will be confronted with an almost doubling of the old-age dependency ratio over the next forty years. The costs of the ageing population are primarily reflected in larger expenditures on pensions and health care. This paper explores the consequences of ageing in a baseline scenario simulated with a dynamic general equilibrium model. The sensitivity of the results are discussed under alternative scenarios for the interest rate and population projections. Finally, the effects of two types of reform measures in the pay-as-you-go social security system are explored.

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Publisher Info
Paper provided by Society for Computational Economics in its series Computing in Economics and Finance 2000 with number 372.

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Date of creation: 05 Jul 2000
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Handle: RePEc:sce:scecf0:372

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Postal: CEF 2000, Departament d'Economia i Empresa, Universitat Pompeu Fabra, Ramon Trias Fargas, 25,27, 08005, Barcelona, Spain
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  1. Miles, David, 1999. "Modelling the Impact of Demographic Change upon the Economy," Economic Journal, Royal Economic Society, vol. 109(452), pages 1-36, January. [Downloadable!] (restricted)
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  1. Rolf Aaberge & Ugo Colombino & Erling Holmøy & Birger Strøm & Tom Wennemo, 2004. "Population ageing and fiscal sustainability: An integrated micro-macro analysis of required tax changes," CHILD Working Papers wp06_04, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY. [Downloadable!]
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  2. Lans Bovenberg & Thijs Knaap, 2005. "Ageing, Funded Pensions and the Dutch Economy," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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