Abstract

http://ssrn.com/abstract=2005201
 
 

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Ageing in the Netherlands: Analysing Policy Responses with an Age Model


Nick Draper


CPB Netherlands Bureau of Economic Policy Analysis

Harry Ter Rele


CPB Netherlands Bureau of Economic Policy Analysis

Ed Westerhout


CPB Netherlands Bureau of Economic Policy Analysis; University of Amsterdam - Amsterdam School of Economics (ASE)

March 30, 2006


Abstract:     
Understanding the behaviour of economic agents is as important as understanding fiscal institutions. Our model integrates the generational-accounting approach with an applied-general equilibrium setup. The recognition of economic behaviour improves our assessment of the intergenerational consequences of government policies; accounting for fiscal institutions improves our projections of future economic developments. This paper illustrates the benefits from an integrated approach by presenting projections and policy simulations. Two analytical simulations demonstrate the working of the model. A third simulation shows the economic and intergenerational effects of a much discussed policy reform, i.e. a gradual increase of the official retirement age.

Number of Pages in PDF File: 24

Keywords: Ageing, Debt Policies, Generational Accounting, AGE Models

JEL Classification: H60, J11

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Date posted: February 15, 2012  

Suggested Citation

Draper, Nick and Ter Rele, Harry and Westerhout, Ed, Ageing in the Netherlands: Analysing Policy Responses with an Age Model (March 30, 2006). Available at SSRN: http://ssrn.com/abstract=2005201 or http://dx.doi.org/10.2139/ssrn.2005201

Contact Information

Nick Draper (Contact Author)
CPB Netherlands Bureau of Economic Policy Analysis ( email )
P.O. Box 80510
2508 GM The Hague, 2585 JR
Netherlands
Harry Ter Rele
CPB Netherlands Bureau of Economic Policy Analysis ( email )
P.O. Box 80510
2508 GM The Hague, 2585 JR
Netherlands
Ed Westerhout
CPB Netherlands Bureau of Economic Policy Analysis ( email )
P.O. Box 80510
2508 GM The Hague, 2585 JR
Netherlands
University of Amsterdam - Amsterdam School of Economics (ASE) ( email )
Roetersstraat 11
Amsterdam, North Holland 1018 WB
Netherlands
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