Gerigk, Joschka; Rinawi, Miriam; Wicht, Adrien - In: Aussenwirtschaft 69 (2018) 1, pp. 45-76
This paper investigates the relationship between demographics and the current account. We analyze the impact of recent demographic changes and provide a forecast of its future impact. Overall, we find a strong and robust, non-linear demographic effect. In particular, we find a positive...