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cc-by-nc-nd, (c) Abío et al., 2015
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/68833

The Welfare State and the demographic dividend: A cross-country comparison

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The sustainability of the welfare state is in doubt in many developed countries due to drastic population ageing. The extent of the problem and the margin for reforms depend - among other factors - on the size of the ageing process and the size of the public transfer system. The latter has a crucial impact on the extent to which the first demographic dividend previous to the ageing process turns into a second demographic dividend. The contribution of the different factors driving the demographic dividend is, ultimately, an empirical question. In this paper we contribute to the debate, exploding the cross-country comparison potentialities of the National Transfer Accounts (NTA) database. In particular, we introduce different configurations of the welfare state transfers – Sweden, United States and Spain - into a realistic demography Overlapping Generations, OLG, model and simulate its effects on the second demographic dividend.

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ABÍO, Gemma, PATXOT, Concepció, SÁNCHEZ-ROMERO, Miguel, SOUTO NIEVES, Guadalupe. The Welfare State and the demographic dividend: A cross-country comparison. _UB Economics – Working Papers_. 2015. Vol.  E15/332. [consulta: 20 de gener de 2026]. ISSN: 1136-8365. [Disponible a: https://hdl.handle.net/2445/68833]

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