Inter-Temporal and Inter-Industry Effects of Population Ageing: A General Equilibrium Assessment for Canada

43 Pages Posted: 17 Nov 2009

See all articles by Nabil Annabi

Nabil Annabi

Université Laval - Département d'Économique

Maxime Fougère

affiliation not provided to SSRN

Simon Harvey

affiliation not provided to SSRN

Abstract

This paper examines the inter-industry and labour market occupational effects of future demographic changes in Canada, using a computable overlapping-generations model. In addition to the impact of slower labour force growth, the model captures the shift in sectoral composition of final demand of older individuals. The simulation results indicate that the growth in real GDP per capita could decline by nearly one percentage point between 2006 and 2050. The results also suggest that the equilibrium unemployment rate is likely to decline by more than two percentage points in the long run. However, the impact varies significantly at the occupational level.

Suggested Citation

Annabi, Nabil and Fougère, Maxime and Harvey, Simon, Inter-Temporal and Inter-Industry Effects of Population Ageing: A General Equilibrium Assessment for Canada. LABOUR, Vol. 23, Issue 4, pp. 609-651, December 2009. Available at SSRN: https://ssrn.com/abstract=1505067 or http://dx.doi.org/10.1111/j.1467-9914.2009.00464.x

Nabil Annabi (Contact Author)

Université Laval - Département d'Économique ( email )

Quebec
Canada

Maxime Fougère

affiliation not provided to SSRN

No Address Available

Simon Harvey

affiliation not provided to SSRN

Register to save articles to
your library

Register

Paper statistics

Downloads
1
Abstract Views
235
PlumX Metrics