Long-term forecasts of age-specific labour market participation rates with functional data models
"Many countries have implemented social programmes providing long-term financial or in-kind entitlements. These programmes often focus on specific age-groups and consequently their expenditure streams are subject to demographic change. Given the strains already existing on public budgets, long-...
| Main Authors: | , , , |
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| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Vienna
2016
WIFO |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19106503124919247859-Long-term-forecasts-of-age-spe.htm |
| _version_ | 1771659902857510912 |
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| author | Österreichisches Institut für Wirtschaftsforschung, Vienna Url, Thomas Hyndman, Rob J. Dokumentov, Alexander |
| author_facet | Österreichisches Institut für Wirtschaftsforschung, Vienna Url, Thomas Hyndman, Rob J. Dokumentov, Alexander |
| collection | Library items |
| description | "Many countries have implemented social programmes providing long-term financial or in-kind entitlements. These programmes often focus on specific age-groups and consequently their expenditure streams are subject to demographic change. Given the strains already existing on public budgets, long-term forecasts are an increasingly important instrument to monitor the budgetary consequences of social programmes. The expected development of the labour force is a key input to these forecasts. We suggest combining a functional data approach to age-profiles of labour market participation rates with information on education, marital status and other exogenous variables to improve long-term forecasts of labour supply." |
| format | TEXT |
| geographic | Austria |
| id | 19106503124919247859_c8ca69fdc40e46b6a19b2664578b2f74 |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19106503124919247859_c8ca69fdc40e46b6a19b2664578b2f74 |
| is_hierarchy_title | Long-term forecasts of age-specific labour market participation rates with functional data models |
| language | English |
| physical | 41 p. Digital |
| publishDate | 2016 |
| publisher | Vienna WIFO |
| spellingShingle | Österreichisches Institut für Wirtschaftsforschung, Vienna Url, Thomas Hyndman, Rob J. Dokumentov, Alexander demography forecast labour supply social policy Long-term forecasts of age-specific labour market participation rates with functional data models |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=107160292534 |
| title | Long-term forecasts of age-specific labour market participation rates with functional data models |
| topic | demography forecast labour supply social policy |
| url | https://www.labourline.org/KENTIKA-19106503124919247859-Long-term-forecasts-of-age-spe.htm |