{"id":55155,"date":"2023-12-01T18:42:05","date_gmt":"2023-12-01T17:42:05","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/microwelt-microsimulation-projection-of-indicators-of-the-economic-effects-of-population-ageing-based-on-disaggregated-national-transfer-accounts\/"},"modified":"2024-11-07T06:21:14","modified_gmt":"2024-11-07T05:21:14","slug":"microwelt-microsimulation-projection-of-indicators-of-the-economic-effects-of-population-ageing-based-on-disaggregated-national-transfer-accounts","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/55155\/","title":{"rendered":"microWELT: Microsimulation Projection of Indicators of the Economic Effects of Population Ageing Based on Disaggregated National Transfer Accounts"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-55155","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"This paper studies how changes in the population composition by education and family characteristics impact on indicators of the economic effects of population ageing based on National Transfer Accounts (NTAs). NTAs constitute cross-sectional per-capita age-profiles of the key variables of national accounts consumption, income, saving, and public transfers, incorporating an estimation of private transfers. A variety of indicators based on NTA data combined with population projections was developed in the literature, of which we have selected two for our analysis: the Support Ratio (SR) and the Impact Index (IMP). We complement existing projections by using new disaggregated NTA data by education and family type, contrasting the results to the same indicators based on NTAs by age. Our projection analysis is performed using the dynamic microsimulation model microWELT. The model provides the required detailed socio-demographic projections and incorporates the NTA accounting framework. Our results show that indicators based on disaggregated data can give a very distinct picture of the economic effects of population ageing, as the burden of ageing is alleviated by the education expansion. Our study compares results for Austria and Spain.","onlinedate":"2020-10-15 12:00:00","lang":"English","publication_series":"","publication_date":"20201001","publication_date_year":"","publication_date_full":false,"publication_num_pages":"19","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":384652,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"612","journal":"WIFO Working Papers","publisher":"","invisible":false,"external":false,"embargo_date":"2020-10-15 12:00:00","types":[44410],"research_groups":[3510],"collaboration":"","persons":[3749,3614,3717,15113,12427,12429,15115],"persons_data":"[{\"personId\":3749,\"personName\":\"Martin Spielauer\",\"organisationNames\":[]},{\"personId\":3614,\"personName\":\"Thomas Horvath\",\"organisationNames\":[]},{\"personId\":3717,\"personName\":\"Marian Fink\",\"organisationNames\":[]},{\"personId\":15113,\"personName\":\"Gemma Abio\",\"organisationNames\":[]},{\"personId\":12427,\"personName\":\"Guadalupe Souto Nieves\",\"organisationNames\":[]},{\"personId\":12429,\"personName\":\"Concepci\u00f3 Patxot\",\"organisationNames\":[]},{\"personId\":15115,\"personName\":\"Tanja Isteni\u010d\",\"organisationNames\":[]}]","clients":[10672,10704],"subclients":[],"partners":[8870,8957,8958,8959],"topics":[40736],"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_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Spielauer, M.<\\\/span><span>, Horvath, T.<\\\/span><span>, Fink, M.<\\\/span>, Abio, G., Souto Nieves, G., Patxot, C., &amp; Isteni\u010d, T. (2020). <span>microWELT: Microsimulation Projection of Indicators of the Economic Effects of Population Ageing Based on Disaggregated National Transfer Accounts<\\\/span>. <span><em>WIFO Working Papers<\\\/em><\\\/span>, (612). <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/66484\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/66484<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Spielauer M<\\\/span><span>, Horvath T<\\\/span><span>, Fink M<\\\/span>, Abio G, Souto Nieves G, Patxot C et al. <span class=\\\"title\\\"><span>microWELT: Microsimulation Projection of Indicators of the Economic Effects of Population Ageing Based on Disaggregated National Transfer Accounts<\\\/span><\\\/span>. <span>WIFO Working Papers<\\\/span>. 2020 Oct;(612).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{90e776db05194b3c91cd7f8ab5f9b7cc,<\\\/div><div>  title    = \\\"microWELT: Microsimulation Projection of Indicators of the Economic Effects of Population Ageing Based on Disaggregated National Transfer Accounts\\\",<\\\/div><div>  abstract = \\\"This paper studies how changes in the population composition by education and family characteristics impact on indicators of the economic effects of population ageing based on National Transfer Accounts (NTAs). NTAs constitute cross-sectional per-capita age-profiles of the key variables of national accounts consumption, income, saving, and public transfers, incorporating an estimation of private transfers. A variety of indicators based on NTA data combined with population projections was developed in the literature, of which we have selected two for our analysis: the Support Ratio (SR) and the Impact Index (IMP). We complement existing projections by using new disaggregated NTA data by education and family type, contrasting the results to the same indicators based on NTAs by age. Our projection analysis is performed using the dynamic microsimulation model microWELT. The model provides the required detailed socio-demographic projections and incorporates the NTA accounting framework. Our results show that indicators based on disaggregated data can give a very distinct picture of the economic effects of population ageing, as the burden of ageing is alleviated by the education expansion. Our study compares results for Austria and Spain.\\\",<\\\/div><div>  keywords = \\\"Microsimulation, Education, Demographic Change, National Transfer Accounts\\\",<\\\/div><div>  author   = \\\"Martin Spielauer and Thomas Horvath and Marian Fink and Gemma Abio and \\\\{Souto Nieves\\\\}, Guadalupe and Concepci{\\\\'o} Patxot and Tanja Isteni{\\\\v c}\\\",<\\\/div><div>  note     = \\\"microWELT: Microsimulation Projection of Indicators of the Economic Effects of Population Ageing Based on Disaggregated National Transfer Accounts\\\",<\\\/div><div>  year     = \\\"2020\\\",<\\\/div><div>  month    = oct,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  journal  = \\\"WIFO Working Papers\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - microWELT: Microsimulation Projection of Indicators of the Economic Effects of Population Ageing Based on Disaggregated National Transfer Accounts<\\\/p><p>AU  - Spielauer, Martin<\\\/p><p>AU  - Horvath, Thomas<\\\/p><p>AU  - Fink, Marian<\\\/p><p>AU  - Abio, Gemma<\\\/p><p>AU  - Souto Nieves, Guadalupe<\\\/p><p>AU  - Patxot, Concepci\u00f3<\\\/p><p>AU  - Isteni\u010d, Tanja<\\\/p><p>N1  - microWELT: Microsimulation Projection of Indicators of the Economic Effects of Population Ageing Based on Disaggregated National Transfer Accounts<\\\/p><p>PY  - 2020\\\/10<\\\/p><p>Y1  - 2020\\\/10<\\\/p><p>N2  - This paper studies how changes in the population composition by education and family characteristics impact on indicators of the economic effects of population ageing based on National Transfer Accounts (NTAs). NTAs constitute cross-sectional per-capita age-profiles of the key variables of national accounts consumption, income, saving, and public transfers, incorporating an estimation of private transfers. A variety of indicators based on NTA data combined with population projections was developed in the literature, of which we have selected two for our analysis: the Support Ratio (SR) and the Impact Index (IMP). We complement existing projections by using new disaggregated NTA data by education and family type, contrasting the results to the same indicators based on NTAs by age. Our projection analysis is performed using the dynamic microsimulation model microWELT. The model provides the required detailed socio-demographic projections and incorporates the NTA accounting framework. Our results show that indicators based on disaggregated data can give a very distinct picture of the economic effects of population ageing, as the burden of ageing is alleviated by the education expansion. Our study compares results for Austria and Spain.<\\\/p><p>AB  - This paper studies how changes in the population composition by education and family characteristics impact on indicators of the economic effects of population ageing based on National Transfer Accounts (NTAs). NTAs constitute cross-sectional per-capita age-profiles of the key variables of national accounts consumption, income, saving, and public transfers, incorporating an estimation of private transfers. A variety of indicators based on NTA data combined with population projections was developed in the literature, of which we have selected two for our analysis: the Support Ratio (SR) and the Impact Index (IMP). We complement existing projections by using new disaggregated NTA data by education and family type, contrasting the results to the same indicators based on NTAs by age. Our projection analysis is performed using the dynamic microsimulation model microWELT. The model provides the required detailed socio-demographic projections and incorporates the NTA accounting framework. Our results show that indicators based on disaggregated data can give a very distinct picture of the economic effects of population ageing, as the burden of ageing is alleviated by the education expansion. Our study compares results for Austria and Spain.<\\\/p><p>KW  - Microsimulation<\\\/p><p>KW  -  Education<\\\/p><p>KW  -  Demographic Change<\\\/p><p>KW  -  National Transfer Accounts<\\\/p><p>M3  - WIFO series<\\\/p><p>JO  - WIFO Working Papers<\\\/p><p>JF  - WIFO Working Papers<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>microWELT: Microsimulation Projection of Indicators of the Economic Effects of Population Ageing Based on Disaggregated National Transfer Accounts - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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