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The economic impact of ageing populations in the EU25 Member States

Author

Listed:
  • 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.

Suggested Citation

  • Giuseppe Carone & Declan Costello & Nuria Diez Guardia & Gilles Mourre & Bartosz Przywara & Aino Salomaki, 2005. "The economic impact of ageing populations in the EU25 Member States," European Economy - Economic Papers 2008 - 2015 236, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
  • Handle: RePEc:euf:ecopap:0236
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    Citations

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    Cited by:

    1. Alari Paulus & Holly Sutherland & Panos Tsakloglou, 2010. "The distributional impact of in-kind public benefits in European countries," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 29(2), pages 243-266.
    2. 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.
    3. Carone, Giuseppe & Nicodème, Gaëtan & Schmidt, Jan, 2007. "Tax revenues in the European Union: Recent trends and challenges ahead," MPRA Paper 3996, University Library of Munich, Germany.
    4. 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.
    5. Paolo Biraschi & Lorenzo Codogno & Federico Giammusso & Manuela Nenna & Juan Pradelli, "undated". "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.
    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. 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.

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