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the sample. The analysis suggests a positive relationship between population aging and consumption though evidence for … developing Asia was weaker than that for the rest of the sample. This implies that the aging population may not be contributing …
Persistent link: https://www.econbiz.de/10013118174
at different stages of this region wide trend. We document Asia's aging population, describe the region's old-age support … systems, and highlight the regional socioeconomic implications of the transition for those support systems. Aging populations …
Persistent link: https://www.econbiz.de/10013118373
both government revenues and expenditures. For example, population aging will increase expenditures on the elderly while … both demographic changes and economic growth. Rapidly aging economies like the Republic of Korea; Japan; and Taipei … still-growing working-age populations. Overall, our simulation results indicate that Asia's population aging will adversely …
Persistent link: https://www.econbiz.de/10012986580
Policies and programs designed to protect workers may, paradoxically, have a negative impact on labor as a whole by increasing unemployment. A key question is which policies have this effect. Using a 3-year panel of 90 countries, the study finds that the unemployment rate is affected by the...
Persistent link: https://www.econbiz.de/10013137884
We describe the complex support systems in Asia and highlight their importance for economic growth and fiscal sustainability. Familial transfers for old age support are significant in many Asian economies, though their extent varies quite widely, and public transfer systems are less significant....
Persistent link: https://www.econbiz.de/10013118397
In Asia, aging countries with slow population growth worry about a lack of workers in the futureand see older people …
Persistent link: https://www.econbiz.de/10014347360
This paper examines the empirical implications of technological changes for skill demand and wage inequality in Indonesia. According to the National Labor Force Survey of Indonesia, the share of educated workers and wage skill premium increased significantly over 2003-2009 for overall industry...
Persistent link: https://www.econbiz.de/10013083815
This paper empirically tests the role of search frictions in driving qualification mismatches in the labor market. Using new data from several low-income economies in urban Asia we find that overeducation in less developed labor markets are more pervasive than in more developed economies....
Persistent link: https://www.econbiz.de/10012986594
the aging of the population will be the main determinant of future trends in domestic saving rates in developing Asia … population aging …
Persistent link: https://www.econbiz.de/10013135315
dissipating. Population aging affects growth through savings, capital accumulation, labor force participation, and total factor … productivity. We examined the impact of aging on those four channels in 12 developing Asian economies that collectively make up the … economic impact where population aging is more advanced …
Persistent link: https://www.econbiz.de/10013118646