The Impact of Population Ageing and Social Stratification: The Case of Latvia

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dc.contributor.authorRupeika-Apoga, Ramona
dc.contributor.authorRomānova, Inna
dc.contributor.authorBule, Larisa
dc.contributor.authorThalassinos, Y.E.
dc.date.accessioned2021-02-08T07:52:32Z
dc.date.available2021-02-08T07:52:32Z
dc.date.issued2019
dc.description.abstractPopulation ageing and social stratification is widely assumed to have detrimental effects on the economy yet there is little empirical evidence about the magnitude of its effects. The aim of this article is to investigate the relationships between population ageing and social stratification and the state of economy of a small and post-transition economy. We are looking for these relationships and their strength of influence; at what time after shocking these variables reach their original levels. We apply standard Granger (non-) causality tests, VAR (Vector Auto-Regressive), IRF (Impulse Response Function) and the prediction error variance analysis by using quarterly data from 2000 to 2018. Research results show that the changes in the level of GDP per capita and the number of pensions paid imply changes in the number of retired persons. The research results have important contribute to policy debates about the impact of population ageing and social stratification on the state of economy in small and post-transition economy.en_US
dc.description.abstractThe paper was supported by the project “INTERFRAME-LV” (Project No.VPP-IZM-2018/1-0005)
dc.description.sponsorshipThe paper was supported by the project “INTERFRAME-LV” (Project No.VPP-IZM-2018/1-0005)en_US
dc.identifier.citationR. Rupeika-Apoga Et Al (2019). The Impact of Population Ageing and Social Stratification: The Case of Latvia, International Journal of Economics and Business Administration Volume VII Issue 1, 49-63en_US
dc.identifier.doi10.35808/ijeba/195
dc.identifier.issn2241-4754
dc.identifier.urihttps://dspace.lu.lv/dspace/handle/7/53918
dc.language.isoengen_US
dc.relationinfo:eu-repo/grantAgreement/Funder/VPP/2018/1-0005/IZM//INTERFRAME-LV/en_US
dc.relation.ispartofseriesInternational Journal of Economics and Business Administration;Vol. 7 (1)
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectResearch Subject Categories::SOCIAL SCIENCES::Business and economics::Economicsen_US
dc.subjectPopulation ageingen_US
dc.subjectpopulation social stratificationen_US
dc.subjectpost-transition economyen_US
dc.subjectsmall and open economyen_US
dc.titleThe Impact of Population Ageing and Social Stratification: The Case of Latviaen_US
dc.typeinfo:eu-repo/semantics/articleen_US
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Latvijas valsts un sabiedrības izaicinājumi un to risinājumi starptautiskā kontekstā (INTERFRAME-LV)