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impending demographic changes in Japan, the Federal Republic of Germany, Sweden and the United States. The simulation results …
Persistent link: https://www.econbiz.de/10012476222
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In comparing Canada with the U.S., we first simulate the U.S. demographic transition, treating the U.S. as a closed economy. The time path of interest rates obtained from the U.S. simulations are then used in the Canadian simulations. In the Canada simulations, Canada is assumed to be an open...
Persistent link: https://www.econbiz.de/10012475628
governments or market institutions provide the services. Sweden and the United States are on opposite ends of this spectrum. After … compare the development of the social welfare institutions in the U.S. and Sweden in the 20th century …
Persistent link: https://www.econbiz.de/10013210094
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Social Security system with annual adjustments of taxes or benefits to maintain fiscal balance; (2) Sweden's Notional Defined …
Persistent link: https://www.econbiz.de/10012463965
A dynamic model of the demographic structure of Japan is summarized. It is capable of tracing the dynamic development … Japan will increase slightly in the immediate future as the number of children per family declines sharply, and then fall …, unless some major changes in Japanese saving behavior take place, our analysis suggests that Japan will have an unusually …
Persistent link: https://www.econbiz.de/10012473614
This paper reassesses the long-term fiscal position of Korea using Generational Accounting, modified to reflect the special features of the Korean fiscal situation, such as prospective changes in public pension benefit profiles and social welfare expenditures due to the maturing of public...
Persistent link: https://www.econbiz.de/10012468714
The high and rising household savings rate in China is not easily reconciled with the traditional explanations that … new competitive saving motive: As the sex ratio rises, Chinese parents with a son raise their savings in a competitive … manner in order to improve their son's relative attractiveness for marriage. The pressure on savings spills over to other …
Persistent link: https://www.econbiz.de/10012463557