Baseline projection 

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Microsoft Word - ageing_.doc
... of dutch public finances contents 6 5 a baseline projection 79 5.1 introduction unsustainability of public finances in the baseline projection 79 5.3 public finances 80 5.4 ... projection for the government budget feature the most plausible development? the baseline projection is geared to the specific question that is central in this study are present policies sustainable?' the projection ...
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gamma simulation model ageing pensions and public finances pdf
... aggregate expenditures and revenues 49 3.6 pensions baseline projection 53 4.1 budgetary developments 53 4.2 economic development in the baseline projection 54 5 simulations 57 5.1 demographic shocks ... of gamma. chapter 3 discusses the calibration of the model. chapter 4 presents the baseline projection. chapter 5 presents several simulations that illustrate the working of the model including both ...
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