Online Appendix to "Demographic Change, Human Capital and Welfare"

Alexander Ludwig (), Thomas Schelkle and Edgar Vogel
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Edgar Vogel: Universität Mannheim

Technical Appendices from Review of Economic Dynamics

Abstract: This appendix of our paper, "Demographic Change, Human Capital and Welfare", contains further material that could not be included in the paper due to space limitations. It is organized as follows. Section A contains the formal equilibrium definition. Section B provides more results on the fit of our model to observed life-cycle profiles of hours and wages, the implied labor-supply elasticities of our model, additional results on predicted aggregate variables during the demographic transition as well as the associated welfare effects and a sensitivity analysis. Our population model is explained in Section C. Details on our computational procedures can be found in Section D.

Keywords: Population aging; Human capital; Rate of return; Distribution of welfare (search for similar items in EconPapers)
JEL-codes: C68 E17 E25 J11 J24 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age, nep-dem, nep-dge, nep-hrm and nep-lab
Date: 2011
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http://www.EconomicDynamics.org/appendix/08/08-168/mmc1.pdf

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Journal Article: Demographic Change, Human Capital and Welfare (2012)
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