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MEDS-E Users' Manual

Author

Listed:
  • Frank T. Denton
  • Christine H. Feaver
  • Byron G. Spencer

Abstract

This report is the Users' Manual that accompanies MEDS-E, the economic component of a new Windows-based version of the MEDS (Models of the Economic-Demographic System) software. MEDS-E is designed to make use of the all-Canada population and labour force projections from PMEDS-D in projecting various Canadian macro-economic aggregates. The projections, which are made year-to-year, extend as far as 2041. The time paths of the economic projections are determined by the population and labour inputs, type of aggregate production function chosen, rates of depreciation, and investment, consumption, and other parameters. A set of "standard" assumptions is provided, but users can change those assumptions.

Suggested Citation

  • Frank T. Denton & Christine H. Feaver & Byron G. Spencer, 1997. "MEDS-E Users' Manual," Quantitative Studies in Economics and Population Research Reports 327, McMaster University.
    • Handle: RePEc:mcm:qseprr:327
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    Cited by:

    1. Frank T. Denton & Byron G. Spencer, 2003. "Population Change and Economic Growth: The Long-Term Outlook," Social and Economic Dimensions of an Aging Population Research Papers 102, McMaster University.
    2. Frank T. Denton & Christine H. Feaver & Byron G. Spencer, 1997. "Immigration, Labour Force, and the Age Structure of the Population," Quantitative Studies in Economics and Population Research Reports 335, McMaster University.
    3. Frank T. Denton & Byron G. Spencer, 1997. "Population, Labour Force, and Long-term Economic Growth," Independence and Economic Security of the Older Population Research Papers 25, McMaster University.
    4. Frank T. Denton & Byron G. Spencer, 2009. "Population Aging, Older Workers, and Canada's Labour Force," Canadian Public Policy, University of Toronto Press, vol. 35(4), pages 481-492, December.
    5. Frank T. Denton & Christine H. Feaver & Byron G. Spencer, 2009. "Cohort Working Life Tables for Older Canadians," Quantitative Studies in Economics and Population Research Reports 432, McMaster University.
    6. Frank T. Denton & Byron G. Spencer, 1997. "Demographic Trends, Labour Force Participation, and Long-term Growth," Quantitative Studies in Economics and Population Research Reports 334, McMaster University.

    More about this item

    Keywords

    population; labour force; production function; economic projection;
    All these keywords.

    JEL classification:

    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts

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