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The Budgetary And Economic Consequences Of Ageing In The Netherlands

Author

Listed:
  • Leon Bettendorf

    (Erasmus University Rotterdam)

  • R. Beetsma

    (University of Amsterdam)

  • P. Broer

    (Research Center For Economic Policy, Rotterdam)

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.

Suggested Citation

  • Leon Bettendorf & R. Beetsma & P. Broer, 2000. "The Budgetary And Economic Consequences Of Ageing In The Netherlands," Computing in Economics and Finance 2000 372, Society for Computational Economics.
    • Handle: RePEc:sce:scecf0:372
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    File URL: http://fmwww.bc.edu/cef00/papers/paper372.pdf
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    References listed on IDEAS

    as
    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.
    2. Broer, D. Peter & Lassila, Jukka, . "Pension Policies and Public Debt in Dynamic CGE Models," ETLA A, The Research Institute of the Finnish Economy, number 23.
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    Cited by:

    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," Discussion Papers 367, Statistics Norway, Research Department.
    2. Lans Bovenberg & Thijs Knaap, 2005. "Ageing, Funded Pensions and the Dutch Economy," CESifo Working Paper Series 1403, CESifo.

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