Economic dependency ratios: present situation and future scenarios

"In this paper we compare several types of economic dependency ratios for a selection of European countries. These dependency ratios take not only into account the demographic structure of the population, but also the differences in age-specific economic behaviour such as labour market activity...

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Bibliographic Details
Main Authors: WWWforEurope, Loichinger, Elke, Hammer, Bernhard, Prskawetz, Alexia, Freiberger, Michael, Sambt, Jose
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Vienna 2014
WWWforEurope
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19115606124919338889-economic-dependency-ratios-pre.htm
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author WWWforEurope
Loichinger, Elke
Hammer, Bernhard
Prskawetz, Alexia
Freiberger, Michael
Sambt, Jose
author_facet WWWforEurope
Loichinger, Elke
Hammer, Bernhard
Prskawetz, Alexia
Freiberger, Michael
Sambt, Jose
collection Library items
description "In this paper we compare several types of economic dependency ratios for a selection of European countries. These dependency ratios take not only into account the demographic structure of the population, but also the differences in age-specific economic behaviour such as labour market activity, income and consumption. In simulations where we combine patterns of age-specific economic behaviour with population projections, we show that in all countries population ageing would lead to a pronounced increase in dependency ratios if present age-specific patterns were not to change. Our analysis of cross-country differences in economic dependency demonstrates that these differences are driven by both differences in age-specific economic behaviour and in the age composition of the populations. In addition, the specific deffinitions of the ratios will result in different interpretations of dependency. The choice which dependency ratio to use in a specific policy context is determined by the nature of the question to be answered. The comparison of our various dependency ratios across countries gives insights into which strategies might be effective in mitigating the expected increase in economic dependency due to demographic change."
format TEXT
geographic EU countries
id 19115606124919338889_cf65a3ef70db4d09b3974d985a04824a
institution ETUI-European Trade Union Institute
is_hierarchy_id 19115606124919338889_cf65a3ef70db4d09b3974d985a04824a
is_hierarchy_title Economic dependency ratios: present situation and future scenarios
language English
physical 42 p.
Digital
publishDate 2014
publisher Vienna
WWWforEurope
spellingShingle WWWforEurope
Loichinger, Elke
Hammer, Bernhard
Prskawetz, Alexia
Freiberger, Michael
Sambt, Jose
demography
dependence
Economic dependency ratios: present situation and future scenarios
title Economic dependency ratios: present situation and future scenarios
topic demography
dependence
url https://www.labourline.org/KENTIKA-19115606124919338889-economic-dependency-ratios-pre.htm