“Economic support ratios and the demographic dividend in Europe“

The Research Centre of the Faculty of Economics cordially invites you to a research seminar on Wednesday, 8th October 2014 at 12 p.m. in room P-109 at the Faculty of Economics, University of Ljubljana

Prof. Dr. Alexia Prskawetz, Institute of Mathematical Methods in Economics, Vienna University of Technology, Austria and Jože Sambt, PhD, Assistant Professor, Faculty of Economics

will present the article:

“Economic support ratios and the demographic dividend in Europe“

”Support ratios and dependency ratios are widely used as indicators for measuring the effects of population ageing on economic development. Both of these indicators use fixed age limits to distinguish between the working and the dependent populations. We apply age-specific profiles of consumption and labour income instead of using arbitrary age limits. Based on these age-specific characteristics, we study the impact of changes in the age structure on the economy. In addition to looking at the compositional effect of age structure changes, we also consider savings/wealth effects. The National Transfer Accounts (NTA) offer researchers a new method for comprehensively analysing economic flows across age groups. Because they combine micro (survey) data and macro controls, the NTA provide detailed profiles of consumption and labour income by age, as well as age profiles of transfers and assets, through which the differences between consumption and labour income are covered.”

You can register for the free seminar by phone (01) 58-92-490, or via e-mail: research.seminars@ef.uni-lj.si by Tuesday, 7th October 2014.

We look forward to seeing you!

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