IDEAS home Printed from https://ideas.repec.org/p/fth/regina/70.html
   My bibliography  Save this paper

Much Ado About Nothing? Demographic Bulges, the Productivity Puzzle and CCP Reform

Author

Listed:
  • Emery, H.
  • Rongve, I.

Abstract

The future of Canada Pension plan, which is financed on pay-as-you-go principles (where current revenues are spent to meet current costs) , is far from certain. The purpose of this paper is to demonstrate in an overlapping generations framework how demographic factors not only affect taxes required to finance the prescribed benefits, but also affect wages

Suggested Citation

  • Emery, H. & Rongve, I., 1996. "Much Ado About Nothing? Demographic Bulges, the Productivity Puzzle and CCP Reform," Papers 70, Regina - Department of Economics.
    • Handle: RePEc:fth:regina:70
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Summers, Lawrence H, 1993. "Keynote Speech: Population Problem Confronted by the World Economy: A Summary," Public Finance = Finances publiques, , vol. 48(Supplemen), pages 1-3.
    2. David C. Stapleton & Douglas J. Young, 1984. "The Effects of Demographic Change on the Distribution of Wages, 1967-1990," Journal of Human Resources, University of Wisconsin Press, vol. 19(2), pages 175-201.
    3. Peter G. C. Townley, 1981. "Public Choice and the Social Insurance Paradox: A Note," Canadian Journal of Economics, Canadian Economics Association, vol. 14(4), pages 712-717, November.
    4. Welch, Finis, 1979. "Effects of Cohort Size on Earnings: The Baby Boom Babies' Financial Bust," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 65-97, October.
    5. Laurence J. Kotlikoff, 1979. "Social Security and Equilibrium Capital Intensity," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 93(2), pages 233-253.
    6. Peter S. Yoo, 1994. "Boom or bust? the economic effects of the baby boom," Review, Federal Reserve Bank of St. Louis, issue Sep, pages 13-22.
    7. Berger, Mark C, 1985. "The Effect of Cohort Size on Earnings Growth: A Reexamination of the Evidence," Journal of Political Economy, University of Chicago Press, vol. 93(3), pages 561-573, June.
    8. Burbidge, John B., 1983. "Social security and savings plans in overlapping-generations models," Journal of Public Economics, Elsevier, vol. 21(1), pages 79-92, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Daniel Beland & John Myles, 2003. "Stasis Amidst Change: Canadian Pension Reform in an Age of Retrenchment," Social and Economic Dimensions of an Aging Population Research Papers 111, McMaster University.
    2. J.C. Herbert Emery, 2010. "Understanding the Political Economy of the Evolution and Future of Single-Payer Public Health Insurance in Canada," SPP Briefing Papers, The School of Public Policy, University of Calgary, vol. 3(2), February.
    3. William Scarth, 2003. "Population Aging, Productivity, and Growth in Living Standards," Quantitative Studies in Economics and Population Research Reports 380, McMaster University.
    4. William Scarth, 2003. "Population Aging, Productivity, and Growth in Living Standards," Social and Economic Dimensions of an Aging Population Research Papers 90, McMaster University.
    5. Susan A. McDaniel, 2003. "Toward Disentangling Policy Implications of Economic and Demographic Changes in Canada's Aging Population," Canadian Public Policy, University of Toronto Press, vol. 29(4), pages 491-509, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yan Lau, 2019. "The dragon cohort of Hong Kong: traditional beliefs, demographics, and education," Journal of Population Economics, Springer;European Society for Population Economics, vol. 32(1), pages 219-246, January.
    2. Clémentine Garrouste & Mathilde Godard, 2016. "The lasting health impact of leaving school in a bad economy : Britons in the 1970s recession," Post-Print hal-01408637, HAL.
    3. Diane J. Macunovich, 1999. "The fortunes of one's birth: Relative cohort size and the youth labor market in the United States," Journal of Population Economics, Springer;European Society for Population Economics, vol. 12(2), pages 215-272.
    4. Peters, Cornelius, 2015. "Do age complementarities affect labour productivity? Evidence from German firm level data," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112941, Verein für Socialpolitik / German Economic Association.
    5. Dorner, Matthias & Görlitz, Katja, 2020. "Training, wages and a missing school graduation cohort," IAB-Discussion Paper 202028, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    6. Dennis J. Snower, 1998. "Causes of changing earnings inequality," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 69-133.
    7. Andrea Ichino & Rudolf Winter-Ebmer, 2004. "The Long-Run Educational Cost of World War II," Journal of Labor Economics, University of Chicago Press, vol. 22(1), pages 57-86, January.
    8. Robert H. Topel, 1997. "Factor Proportions and Relative Wages: The Supply-Side Determinants of Wage Inequality," Journal of Economic Perspectives, American Economic Association, vol. 11(2), pages 55-74, Spring.
    9. Eguia, Begona & Echevarria, Cruz A., 2007. "Unemployment rates and population changes in Spain," Journal of Applied Economics, Universidad del CEMA, vol. 7(01), pages 1-30, May.
    10. Macunovich, Diane J., 2011. "Relative Cohort Size, Relative Income, and Women's Labor Force Participation 1968-2010," IZA Discussion Papers 5913, Institute of Labor Economics (IZA).
    11. Ademola Obafemi Young, 2021. "Cohort Size and Unemployment Rate: New Insights from Nigeria," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 13(1), pages 122-151, January.
    12. Ernesto F.L. Amaral & Eduardo L.G. Rios Neto & Joseph E. Potter & Daniel Hamermesh, 2013. "Age, education, and earnings in the course of Brazilian development: Does composition matter?," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 28(20), pages 581-612.
    13. Clementine Garrouste & Mathilde Godard, 2016. "The Lasting Health Impact of Leaving School in a Bad Economy: Britons in the 1970s Recession," Health Economics, John Wiley & Sons, Ltd., vol. 25(S2), pages 70-92, November.
    14. Amaral, Ernesto F. L., 2012. "The decomposition of economic outcomes as a result of changes in Brazil’s male age-education structure," OSF Preprints e6v5c_v1, Center for Open Science.
    15. Margarita Sapozhnikov & Robert K. Triest, 2007. "Population aging, labor demand, and the structure of wages," Working Papers 07-8, Federal Reserve Bank of Boston.
    16. Inoue, Toshikatsu, 2022. "The effect of aging on the age–wage profile in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 66(C).
    17. Amaral, Ernesto F. L. & Rios-Neto, Eduardo L G & Potter, Joseph E, 2012. "Long term influences of age-education transition on the Brazilian labour market," OSF Preprints 2e4f3, Center for Open Science.
    18. Morin, Louis-Philippe, 2015. "Cohort size and youth earnings: Evidence from a quasi-experiment," Labour Economics, Elsevier, vol. 32(C), pages 99-111.
    19. John Moffat & Duncan Roth, 2016. "The Cohort Size-Wage Relationship in Europe," LABOUR, CEIS, vol. 30(4), pages 415-432, December.
    20. repec:ehu:dfaeii:6798 is not listed on IDEAS
    21. Juan A. Rojas, 2009. "Social Security reform with imperfect substitution between less and more experienced workers," Working Papers 0832, Banco de España.

    More about this item

    Keywords

    PENSION FUNDS; INCOME; TAXES;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fth:regina:70. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Thomas Krichel (email available below). General contact details of provider: https://edirc.repec.org/data/deregca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.