Abstract

Part 1 Introduction: introduction and outline - demographic change and social expenditure, outline of the book. Part 2 Population ageing and migration: demographic transitions - the demographic transition theory, demographic transitions and economic growth economics and population ageing - population ageing and government budgets, population ageing and the labour force, other economic effects immigration issues - economic consequences of immigration other immigration issues. Part 3 Population decomposition: demographic characteristics - size and age structure of the population, determinants of population change socio-economic characteristics - factors affecting social expenditure, the adjustment process. Part 4 Population and expenditure projections: projection techniques - population projections, social expenditure, hypothetical examples population projections - benchmark population projections, projections with population decomposition Australian social expenditure - income support, provision of care and services social expenditure projections - the data, benchmark expenditure projections, population decomposition a stochastic approach - a deterministic model, a stochastic model, simulation results, the lognormal distribution.

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