Arbeitspapier

Social Expenditure in New Zealand: Stochastic Projections

This paper presents stochastic projections for 13 categories of social spending in New Zealand over the period 2011-2061. These projections are based on detailed demographic estimates covering fertility, migration and mortality disaggregated by single year of age and gender. Distributional parameters are incorporated for all of the major variables, and are used to build up probabilistic projections for social expenditure as a share of GDP using simulation methods, following Creedy and Scobie (2005). Emphasis is placed on the considerable uncertainty involved in projecting future expenditure levels.

ISBN
978-0-478-40301-5
Language
Englisch

Bibliographic citation
Series: New Zealand Treasury Working Paper ; No. 13/06

Classification
Wirtschaft
Policy Objectives; Policy Designs and Consistency; Policy Coordination
National Government Expenditures and Related Policies: General
Demographic Trends, Macroeconomic Effects, and Forecasts
Subject
Population
projections
stochastic simulation
social expenditure
fiscal costs
New Zealand
Öffentliche Sozialausgaben
Bevölkerungsprognose
Simulation
Stochastischer Prozess
Prognoseverfahren
Neuseeland

Event
Geistige Schöpfung
(who)
Creedy, John
Makale, Kathleen
Event
Veröffentlichung
(who)
New Zealand Government, The Treasury
(where)
Wellington
(when)
2013

Handle
Last update
10.03.2025, 11:43 AM CET

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Object type

  • Arbeitspapier

Associated

  • Creedy, John
  • Makale, Kathleen
  • New Zealand Government, The Treasury

Time of origin

  • 2013

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