Showing 1 - 10 of 486
investment for Kuwait under uncertainty. The results show that in the face of high oil income volatility and the expected decline … is room to increase investment spending, which should contribute to the growth of the tradable sector, as the projected … investment rate is lower than the optimal investment rate of 20 percent of government income. …
Persistent link: https://www.econbiz.de/10011242728
This study assesses the economic implications of China's changing population in the 21st century using a numerical general equilibrium model. The simulations show that lower fertility rates yield lower saving rates. Since lower fertility rates reduce the future supply of labor, capital will...
Persistent link: https://www.econbiz.de/10005825867
The world is in the midst of a major demographic transition. This paper examines the implications of such transition … over the next 80 years for Japan, the United States, other industrial countries, and the developing regions of the world … relative size of their workingage populations increases. Demographic change will also affect saving, investment, and capital …
Persistent link: https://www.econbiz.de/10005826038
This paper calculates the levels of optimal national saving, investment, and the current account balance for five Asian …
Persistent link: https://www.econbiz.de/10005826103
The paper develops a general equilibrium framework to examine the economic implications of population aging in Japan. Particular attention is paid to aggregate saving behavior which is modeled on the basis of empirical age-earnings profiles using a life-cycle approach. The paper's objectives are...
Persistent link: https://www.econbiz.de/10005769220
reassess national savings behavior, with greater prominence and more careful consideration given to the role played by changing … literature. Going further, we simulate global savings behavior based on our framework and find that China’s demographics should … decades, individual countries’ convergence toward the simulated savings pattern will be influenced by their past divergences …
Persistent link: https://www.econbiz.de/10011142029
implementation of substantial structural reforms, in particular the authorities’ planned reforms in labor markets, the investment …
Persistent link: https://www.econbiz.de/10011244994
This Selected Issues paper discusses Romania’s modeling monetary policy. A simple Forecasting and Policy Analysis System (FPAS) for Romania has been designed to help in the preparation of the IMF staff’s forecasts and policy assessments. A major advantage of this approach is that...
Persistent link: https://www.econbiz.de/10011245389
households at the peak of their working lives have relatively low savings though there is no evidence of a generational savings … savings and housing capital gains. …
Persistent link: https://www.econbiz.de/10005263766
This paper examines the role increasing personal wealth and home equity withdrawal (HEW) have had in the decline in the personal saving rate in the United States. It does so by comparing the U.S. experience with those of Australia, Canada, and the United Kingdom. Mortgage market liberalization...
Persistent link: https://www.econbiz.de/10005263776