Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/156658 
Erscheinungsjahr: 
2016
Schriftenreihe/Nr.: 
WIFO Working Papers No. 510
Verlag: 
Austrian Institute of Economic Research (WIFO), Vienna
Zusammenfassung: 
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, longterm 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.
Schlagwörter: 
forecast
labour supply
age-profile
smoothing
JEL: 
C14
C33
J11
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
638.17 kB





Publikationen in EconStor sind urheberrechtlich geschützt.