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The impact of demographic change, co-morbidity and European care policies on the choice of care arrangement
Meng, Annika - 2010
Recent literature on long-term care looks at the substitutability of informal and professional home-based care arrangements. Other factors that influence the utilization of informal care instead of formal care have been ignored in conditional analyses so far. However, regressors that represent...
Persistent link: https://www.econbiz.de/10008934988
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The political economy of public investment when population is aging : a panel cointegration analysis
Jäger, Philipp; Schmidt, Torsten - 2015
aging on public investment. Moreover, the estimation of an error correction model reveals long-run Granger causality running … exclusively from aging to investment. Our results are robust to the inclusion of additional control variables typically considered …
Persistent link: https://www.econbiz.de/10010519083
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Changes in morbidity over time : evidence from Europe
Heger, Dörte; Kolodziej, Ingo W. K. - 2016
The elderly are the main beneficiaries of recent gains in life expectancy in the EU. Whether the additional life time is spent in good or in poor health will drastically influence the development of health care costs as morbidity status rather than age per se determines an individual’s need...
Persistent link: https://www.econbiz.de/10011532592
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Long-run consequences of informal elderly care and implications of public long-term care insurance
Korfhage, Thorben - 2019
persistenten Effekte von informeller Altenpflege auf das Arbeitsangebot der pflegenden Personen. Daraus ergeben sich negative …
Persistent link: https://www.econbiz.de/10012041571
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More gray, more volatile? : aging and (optimal) monetary policy
Baksa, Daniel; Munkacsi, Zsuzsa - 2019
The evidence on the inflation impact of aging is mixed, and there is no evidence regarding the volatility of inflation …. Based on advanced economies' data and a DSGE-OLG model, we find that aging leads to downward pressure on inflation and … higher inflation volatility. Our paper is also the first, using this framework, to discuss how aging affects the transmission …
Persistent link: https://www.econbiz.de/10012103744
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On financing retirement, health, and long-term care in Japan
McGrattan, Ellen R.; Miyachi, Kazuaki; Peralta-Alva, Adrian - 2018
of Japan. We find that financing the costs of aging through gradual increases in the consumption tax rate delivers a …
Persistent link: https://www.econbiz.de/10011978385
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Demographics, pension systems and the saving-investment balance
Chai, Hua; Kim, Jun-il - 2018
This paper studies the effect of demographic change on national saving, global interest rates, and international capital flows, focusing on the role of the public pension system. We develop a small open economy overlapping generations model to illustrate the channels through which demographic...
Persistent link: https://www.econbiz.de/10011978553
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Chronicle of a decline foretold : has China reached the Lewis Turning Point?
Das, Mitali; N'Diaye, Papa M'B. P. - 2013
China is on the eve of a demographic shift that will have profound consequences on its economic and social landscape. Within a few years the working age population will reach a historical peak, and then begin a precipitous decline. This fact, along with anecdotes of rapidly rising migrant wages...
Persistent link: https://www.econbiz.de/10009706770
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Chronicle of a Decline Foretold : Has China Reached the Lewis Turning Point?
Das, Mitali - 2013
China is on the eve of a demographic shift that will have profound consequences on its economic and social landscape. Within a few years the working age population will reach a historical peak, and then begin a precipitous decline. This fact, along with anecdotes of rapidly rising migrant wages...
Persistent link: https://www.econbiz.de/10014395426
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Cohort size effects on wages, working status, and work time
Okoampah, Sarah - 2016
This paper estimates the effects of cohort size on wages, employment and work time for workers in Germany. The empirical findings suggest that male workers with medium and high degrees of occupational specialization who were born at the peak of the baby boom earn at least 5.3% lower wages than...
Persistent link: https://www.econbiz.de/10011520610