Supervisors info:
Δημητρίου Ιωάννης, Καθηγητής Tμήματος Οικονομικών Επιστημών, Εθνικό και Καποδιστριακό Πανεπιστήμιο Αθηνών
Summary:
The subject of the MSc. Thesis is the aging population of Europe. Aging is the subject that concerns mostly the west economies of the globe and especially Europe. We present a detailed survey to look for underlying relationships among indices and through analytical methods in order to get the ability of interpretation of the results. For this reason, countries from European Union were selected as representative sample and include Denmark, Germany, Ireland, Greece, Spain, Netherlands, Austria, Portugal and United Kingdom. At first, there is a brief overview of operations for each country’s pension system. Then, the description of selected indices follows. The indices that will be examined are contained in demographics, economics and mortality as to receive a general overview of the phenomenon. There is a rich content considering the aspect of descriptive statistics in order for the reader to perceive the structure of each examined index locally. A classical regression analysis follows, testing its basic hypotheses either through certain statistical indices or through visual diagrams. Moreover, cluster analysis is deployed where nonlinearity is observed, as to distinguish periods with curving points and to receive representative values of examined indices. Special significance is given to Greece, because this country suffered the most of the consequences since the stock market crash back in 2008 and ended to become the protagonist in European public debt crisis. The tools that will produce the desired results are Excel from Microsoft and the programming environment for statistical learning R, through R - Studio.
