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Fan charts were pioneered by the Bank of England and Riksbank and provide a visually appealing means to convey the uncertainty surrounding a forecast. This paper describes a method for parameterising fan charts around GDP growth forecasts by which the degree of uncertainty is based on past...
Persistent link: https://www.econbiz.de/10011998487
A decomposition of changes to participation rates of 55-to-74 year-olds between 2002 and 2017 based on an estimated equation attributes more than two thirds of the median increase (of 10.9 percentage points) to rising life expectancy and educational attainment. About 1 percentage point is...
Persistent link: https://www.econbiz.de/10012111057
Persistent link: https://www.econbiz.de/10003820266
Many OECD governments have enacted, or are contemplating, future increases in statutory pension ages, sometimes provoking vociferous political opposition. Empirical cross-country estimation work consistently finds that coefficients on statutory pension ages are positive and highly statistically...
Persistent link: https://www.econbiz.de/10012304415