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Working Paper 05-12 - The methodology developed by the Federal Planning Bureau to produce long-term scenarios

Nicole Fasquelle, Koen Hendrickx, Christophe Joyeux and Igor Lebrun

Working Papers from Federal Planning Bureau, Belgium

Abstract: The Federal Planning Bureau has a long tradition in providing long-term projections focused on the evolution of social expenditure within an overall framework of public finance, using the MALTESE system of models. This outlook is based on different scenarios: demographic, socio-economic, macroeconomic and welfare adjustment. The purpose of this publication is to describe the methodology for the construction of the socio-economic and macroeconomic scenarios and to illustrate it by presenting the main results from the 2011 projection for the Annual Report of the Study Group on Ageing.

JEL-codes: E6 H53 H55 J1 J2 (search for similar items in EconPapers)
Date: 2012-03-06
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