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What can boost female labor force participation in Asia?
Kinoshita, Yuko; Guo, Fang - 2015
fertility, and (iv) there is a need for more public spending on childcare for age 6-11 in Japan and Korea to help women continue …
Persistent link: https://www.econbiz.de/10011281943
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Demographic transition and pension reforms : adding demographics to GIMF
Carton, Benjamin; Fernandez-Corugedo, Emilio; Hunt, … - 2020
The Global Integrated Monetary and Fiscal model (GIMF) is a multi-region, forward-looking, DSGE model developed at the International Monetary Fund for policy analysis and international economic research. This paper documents the incorporation of demographic features into the model. The analysis...
Persistent link: https://www.econbiz.de/10012300678
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Korea's growth prospects : overcoming demographics and COVID-19
Swiston, Andrew - 2021
Korea's economy has leaped to high-income status thanks to several decades of sustained high growth. However, population aging and shifts in global demand provide headwinds for future growth and Korea now faces the effects of COVID-19 on economic activity. This paper asseses the expected drag on...
Persistent link: https://www.econbiz.de/10012604751
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Korea's challenges ahead : lessons from Japan's experience
Zoli, Edda - 2017
This paper draws out the parallels between Korea and Japan in terms of demographics, potential growth, balance sheets, asset prices and inflation. Korea's demographic trends seem to track Japan's with a lag of about 20 years. Low productivity in the service sector and labor market duality are...
Persistent link: https://www.econbiz.de/10011716396
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COVID-19 in Latin America : a high toll on lives and livelihoods
Bakker, Bas B.; Gonçalves, Carlos Eduardo Soares - 2021
Latin America was hit hard by Covid-19, both in terms of lives and livelihoods. Early lockdowns in the second quarter of 2020 prevented an explosion of deaths at the time but did not stop the pandemic from later wreaking havoc in the region. This paper investigates the dynamics of pandemics in...
Persistent link: https://www.econbiz.de/10012610772
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Economic Implications of China's Demographics in the 21st Century
Cheng, Kevin C. - 2003
general equilibrium model. The simulations show that lower fertility rates yield lower saving rates. Since lower fertility … mobility is high in China, a low fertility rate implies more future capital outflows. But if capital is less mobile, low … fertility today lowers the domestic return to capital and raises the domestic return to labor. In addition, the paper finds no …
Persistent link: https://www.econbiz.de/10014404019
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Finance, growth, and inequality
Levine, Ross - 2021
Finance and growth emerged as a distinct field of economics during the last three decades as economists integrated the fields of finance and economic growth and then explored the ramifications of the functioning of financial systems on economic growth, income distribution, and poverty. In this...
Persistent link: https://www.econbiz.de/10012612328
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Links between growth, inequality, and poverty : a survey
Cerra, Valerie; Lama C., Ruy; Loayza, Norman - 2021
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in...
Persistent link: https://www.econbiz.de/10012518886
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Tax policy and inclusive growth
Abdel-Kader, Khaled; Mooij, Ruud A. de - 2020
This paper discusses the theory and practice of tax design to achieve an efficient and equitable outcome, id est in support of inclusive growth. It starts with a discussion of the key principles from tax theory to guide practical tax design. Then, it elaborates on more granular tax policy,...
Persistent link: https://www.econbiz.de/10012485968
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Financial inclusion : what have we learned so far? : what do we have to learn?
Barajas, Adolfo; Beck, Thorsten; Belhaj, Mohamed; Ben … - 2020
The past two decades have seen a rapid increase in interest in financial inclusion, both from policymakers and researchers. This paper surveys the main findings from the literature, documenting the trends over time and gaps that have arisen across regions, income levels, and gender, among...
Persistent link: https://www.econbiz.de/10012300650