challenges of the demographic change. …

The effect of demographic change on the labor force and on fiscal revenues is topical in light of potential pension … increase in fiscal revenues, suggesting that fiscal strain from demographic change might be less severe than currently … perceived. Finally, as a policy response to demographic change and worsening fiscal budgets, we simulate the increase in the …

rapidly for a number of years and second, the Country is facing a particularly strong demographic change with the expected … not always increase with demographic change. In the empirical part, we analyse how employment is affected over time by …

The paper shows the effect of demographic change on per capita burden of financing a PAYG social security system in the …