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Working Paper 05-12 - The methodology developed by the Federal Planning Bureau to produce long-term scenarios

Author

Listed:
  • Nicole Fasquelle
  • Koen Hendrickx
  • Christophe Joyeux
  • Igor Lebrun

Abstract

The Federal Planning Bureau has a long tradition in providing long-term projections focused on the evolution of social expenditure within an overall framework of public finance, using the MALTESE system of models. This outlook is based on different scenarios: demographic, socio-economic, macroeconomic and welfare adjustment. The purpose of this publication is to describe the methodology for the construction of the socio-economic and macroeconomic scenarios and to illustrate it by presenting the main results from the 2011 projection for the Annual Report of the Study Group on Ageing.

Suggested Citation

  • Nicole Fasquelle & Koen Hendrickx & Christophe Joyeux & Igor Lebrun, 2012. "Working Paper 05-12 - The methodology developed by the Federal Planning Bureau to produce long-term scenarios," Working Papers 201205, Federal Planning Bureau, Belgium.
    • Handle: RePEc:fpb:wpaper:201205
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    More about this item

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J1 - Labor and Demographic Economics - - Demographic Economics
    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor

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