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Debt, Deficits, and Age-Specific Mortality
Faruqee, Hamid - 2002
This paper develops an overlapping agents model with age-specific mortality rates. The analytical framework also nests … Blanchard''s (1985) ""perpetual youth"" model as a special, though perhaps not realistic, case. With age specific mortality … replicate the empirical relation between age and mortality. The comparative implications for deficit finance are also examined …
Persistent link: https://www.econbiz.de/10014400071
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COVID-19 pandemic : asymmetric effects across gender and age
Caselli, Francesca; Grigoli, Francesco; Sandri, Damiano; … - 2020
Lockdowns and voluntary social distancing led to significant reduction in people's mobility. Yet, there is scant evidence on the heterogeneous effects across segments of the population. Using unique mobility indicators based on anonymized and aggregate data provided by Vodafone for Italy,...
Persistent link: https://www.econbiz.de/10012486075
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Income inequality and education revisited : persistence, endogeneity, and heterogeneity
Coady, David P.; Dizioli, Allan - 2017
This paper presents new results on the relationship between income inequality and education expansion-that is, increasing average years of schooling and reducing inequality of schooling. When dynamic panel estimation techniques are used to address issues of persistence and endogeneity, we find a...
Persistent link: https://www.econbiz.de/10011704587
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Deconstructing Job Creation
Garibaldi, Pietro - 1999
This paper studies net employment growth across 21 OECD economies in 1980-97, focusing on experiences within the European Union. It finds that sectoral effects can only partially account for differences in job creation. By contrast, it shows that a policy package including low taxation and...
Persistent link: https://www.econbiz.de/10014400873
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Is the United States CPI Biased Across Income and Age Groups?
Erbas, S. Nuri - 1998
The recent Boskin Commission Report (1996) underscores a significant upward bias in CPI measurement in the United States. This may result in excessive cost-of-living adjustment (COLA) of some entitlements in the federal budget because COLA is indexed to CPI. This paper presents some evidence...
Persistent link: https://www.econbiz.de/10014401311
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What can boost female labor force participation in Asia?
Kinoshita, Yuko; Guo, Fang - 2015
Both Japan and Korea are trying to boost female labor force participation (FLFP) as they face the challenges of a rapidly aging population. Though FLFP has generally been on a rising trend, the female labor force in both countries is skewed towards non-regular employment despite women's high...
Persistent link: https://www.econbiz.de/10011281943
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China’s demography and its implications
Lee, Il Houng; Qingjun, Xu; Syed, Murtaza - 2013
Persistent link: https://www.econbiz.de/10009726452
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Quantifying impact of aging population on fiscal space
Park, Seok Gil - 2012
This paper quantitatively investigates how population aging trend affects fiscal space measured as unused revenue generating capacity by utilizing a standard neoclassical growth model. A calibration exercise for G-7 countries shows that France, Germany and Italy suffer greater revenue impact...
Persistent link: https://www.econbiz.de/10009618513
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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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Impact of demographic changes on inflation and the macroeconomy
Yoon, Jong-won; Kim, Jinill; Lee, Jungjin - 2014
Persistent link: https://www.econbiz.de/10010479415