{"id":119904,"date":"2024-01-22T22:46:30","date_gmt":"2024-01-22T21:46:30","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/119904\/"},"modified":"2024-11-07T05:09:23","modified_gmt":"2024-11-07T04:09:23","slug":"economic-dependency-ratios-present-situation-and-future-scenarios-wwwforeurope-working-paper-no-74","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/119904\/","title":{"rendered":"Economic Dependency Ratios: Present Situation and Future Scenarios. WWWforEurope Working Paper No. 74"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-119904","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In this paper we compare several types of economic dependency ratios for a selection of European countries. These dependency ratios take not only into account the demographic structure of the population, but also the differences in age-specific economic behaviour such as labour market activity, income and consumption. In simulations where we combine patterns of age-specific economic behaviour with population projections, we show that in all countries population ageing would lead to a pronounced increase in dependency ratios if present age-specific patterns were not to change. Our analysis of cross-country differences in economic dependency demonstrates that these differences are driven by both differences in age-specific economic behaviour and in the age composition of the populations. In addition, the specific definitions of the ratios will result in different interpretations of dependency. The choice which dependency ratio to use in a specific policy context is determined by the nature of the question to be answered. The comparison of our various dependency ratios across countries gives insights into which strategies might be effective in mitigating the expected increase in economic dependency due to demographic change.","onlinedate":"2014-12-22 12:00:00","lang":"English","publication_series":"WWWforEurope: Welfare, Wealth and Work for Europe","publication_date":"20141201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"47","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":355710,"zip":null,"link":"","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"","publisher":"","invisible":false,"external":false,"embargo_date":"2014-12-22 12:00:00","types":[81966],"research_groups":[3510],"collaboration":"","persons":[12913,14149,11955,12915,12499],"persons_data":"[{\"personId\":12913,\"personName\":\"Elke Loichinger\",\"organisationNames\":[]},{\"personId\":14149,\"personName\":\"Bernhard Hammer\",\"organisationNames\":[]},{\"personId\":11955,\"personName\":\"Alexia Prskawetz\",\"organisationNames\":[]},{\"personId\":12915,\"personName\":\"Michael Freiberger\",\"organisationNames\":[\"Vienna University of Technology\"]},{\"personId\":12499,\"personName\":\"Joze Sambt\",\"organisationNames\":[\"University of Ljubljana\"]}]","clients":[10692,10704,10722,32851],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_bookanthology rendering_apa rendering_bookanthology_apa\\\">Loichinger, E., Hammer, B., Prskawetz, A., Freiberger, M., &amp; Sambt, J. (2014). <span><em>Economic Dependency Ratios: Present Situation and Future Scenarios. WWWforEurope Working Paper No. 74<\\\/em><\\\/span>. (WWWforEurope: Welfare, Wealth and Work for Europe). Vienna University of Technology, University of Ljubljana. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/50891\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/50891<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_bookanthology rendering_vancouver rendering_bookanthology_vancouver\\\">Loichinger E, Hammer B, Prskawetz A, Freiberger M, Sambt J. <span class=\\\"title\\\"><span>Economic Dependency Ratios: Present Situation and Future Scenarios. WWWforEurope Working Paper No. 74<\\\/span><\\\/span>. Vienna University of Technology, University of Ljubljana; 2014.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_bookanthology rendering_bibtex rendering_bookanthology_bibtex\\\"><div>@book{42d50c86daec4031ab93d82ebebd5355,<\\\/div><div>  title     = \\\"Economic Dependency Ratios: Present Situation and Future Scenarios. WWWforEurope Working Paper No. 74\\\",<\\\/div><div>  abstract  = \\\"In this paper we compare several types of economic dependency ratios for a selection of European countries. These dependency ratios take not only into account the demographic structure of the population, but also the differences in age-specific economic behaviour such as labour market activity, income and consumption. In simulations where we combine patterns of age-specific economic behaviour with population projections, we show that in all countries population ageing would lead to a pronounced increase in dependency ratios if present age-specific patterns were not to change. Our analysis of cross-country differences in economic dependency demonstrates that these differences are driven by both differences in age-specific economic behaviour and in the age composition of the populations. In addition, the specific definitions of the ratios will result in different interpretations of dependency. The choice which dependency ratio to use in a specific policy context is determined by the nature of the question to be answered. The comparison of our various dependency ratios across countries gives insights into which strategies might be effective in mitigating the expected increase in economic dependency due to demographic change.\\\",<\\\/div><div>  author    = \\\"Elke Loichinger and Bernhard Hammer and Alexia Prskawetz and Michael Freiberger and Joze Sambt\\\",<\\\/div><div>  note      = \\\"Economic Dependency Ratios\\\",<\\\/div><div>  year      = \\\"2014\\\",<\\\/div><div>  month     = dec,<\\\/div><div>  language  = \\\"English\\\",<\\\/div><div>  series    = \\\"WWWforEurope: Welfare, Wealth and Work for Europe\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_bookanthology rendering_ris rendering_bookanthology_ris\\\"><p>TY  - BOOK<\\\/p><p>T1  - Economic Dependency Ratios: Present Situation and Future Scenarios. WWWforEurope Working Paper No. 74<\\\/p><p>AU  - Loichinger, Elke<\\\/p><p>AU  - Hammer, Bernhard<\\\/p><p>AU  - Prskawetz, Alexia<\\\/p><p>AU  - Freiberger, Michael<\\\/p><p>AU  - Sambt, Joze<\\\/p><p>N1  - Economic Dependency Ratios<\\\/p><p>PY  - 2014\\\/12<\\\/p><p>Y1  - 2014\\\/12<\\\/p><p>N2  - In this paper we compare several types of economic dependency ratios for a selection of European countries. These dependency ratios take not only into account the demographic structure of the population, but also the differences in age-specific economic behaviour such as labour market activity, income and consumption. In simulations where we combine patterns of age-specific economic behaviour with population projections, we show that in all countries population ageing would lead to a pronounced increase in dependency ratios if present age-specific patterns were not to change. Our analysis of cross-country differences in economic dependency demonstrates that these differences are driven by both differences in age-specific economic behaviour and in the age composition of the populations. In addition, the specific definitions of the ratios will result in different interpretations of dependency. The choice which dependency ratio to use in a specific policy context is determined by the nature of the question to be answered. The comparison of our various dependency ratios across countries gives insights into which strategies might be effective in mitigating the expected increase in economic dependency due to demographic change.<\\\/p><p>AB  - In this paper we compare several types of economic dependency ratios for a selection of European countries. These dependency ratios take not only into account the demographic structure of the population, but also the differences in age-specific economic behaviour such as labour market activity, income and consumption. 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