Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/142625
Authors: 
Peeters, Marga
Groot, Loek
Year of Publication: 
2011
Series/Report no.: 
EERI Research Paper Series 18/2011
Abstract: 
This paper investigates the fiscal pressure from demographic change in relation to the labour marketspace for fifty countries that cover 75% of the world population. The pressure-to-space indicator ranks Poland, Turkey and Greece high. Apart from Turkey and India, developing countries rank low due to low spending on the old (pensions, health care) and the young (education, family costs). Peculiarly, economies with higher pressure have more space. The hypothesis that ageing economies have started using their space in anticipation to higher demographic pressure is rejected. Raising the retirement age in developed economies by five years alleviates the pressure by almost 30% and creates 10% more labour market space.
Subjects: 
Demography
dependency rates
labour market
social security
pensions
government spending
JEL: 
D6
E24
E62
H51
H52
H53
H55
J0
J11
J18
J21
J26
O57
Document Type: 
Working Paper

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