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In this paper, we investigate the impact of demographic uncertainty in a multi-regional general equilibrium, overlapping generations model (INGENUE 2). Specifically, we will consider the level of uncertainty in each of the ten major regions of the world, and their correlation across regions. In...
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Brief description of the project: Apart from coordination the project consists of seven work packages. WP2 analyses errors of past forecasts. On the assumption that the future distribution of forecast errors is the same as in the past, errors of past forecasts can be used to calculate the...
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