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There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
Persistent link: https://www.econbiz.de/10003900319
retirement becomes shorter. At the median level of years to retirement, the absolute values of the elasticity of savings with …
Persistent link: https://www.econbiz.de/10011886875
human and nonhuman capital investment ; power law of learning …
Persistent link: https://www.econbiz.de/10003688797
Persistent link: https://www.econbiz.de/10001876718
distortions. I document major trends in aggregate savings, investment, trade, and net foreign asset positions in China, and …. In 2008, China's national savings rate soared to over 53 percent of its GDP, whereas its current account surplus exceeded … explore options for policy reforms aimed at rebalancing the Chinese economy. -- aggregate savings ; current account ; income …
Persistent link: https://www.econbiz.de/10009656609
purchasing power parity (ppp) and the wage ratio between the host and source countries. It is shown that in theory immigrants may …
Persistent link: https://www.econbiz.de/10003959295
-level data and compare the behavior of employment, production and investment after two big real exchange rate shocks: the first … exporting firms exhibited higher growth rates of employment, sales, and investment vis-á-vis non-exporters. We confirm our …
Persistent link: https://www.econbiz.de/10003904720
developing countries and emerging markets. This suggests that the lack of domestic savings is not the primary constraint on …
Persistent link: https://www.econbiz.de/10003697367
We investigate the causal impact of equity market liberalizations in the period 1980-1997 on sectoral export performance across 91 countries. The increased availability of external finance has boosted trade of industries that intensively use relationship-specific inputs, and lowered exports of...
Persistent link: https://www.econbiz.de/10009765529
investment ; Latin America ; transition economies …
Persistent link: https://www.econbiz.de/10003656909