Showing 1 - 10 of 27
Due to a sharp decline in the fertility rate and a rapid increase in longevity, Japan's population aging is the furthest advanced in the world. In this study we explore the macroeconomic impact of population aging using a full-fledged overlapping generations model. Our model replicates well the...
Persistent link: https://www.econbiz.de/10011259966
This paper proposes the use of optimal grouping methods for determining the various age groups within a population. The cuto� ages for these groups, such as the age from which an individual is considered to be an older person, are then endogenous variables that depend on the entire population...
Persistent link: https://www.econbiz.de/10011260790
The impact of population aging on the steady state solution to a Ordover-Phelps (1979) overlapping generations optimal nonlinear income tax problem with two types of workers and quasilinear-in-leisure preferences is investigated. A decrease in the rate of population growth, which leads to an...
Persistent link: https://www.econbiz.de/10005789893
This paper examines the consequences of an asymmetric negative fertility shock on capital formation, saving/investment imbalance, and welfare. The framework of analysis is a Diamond-type overlapping-generations small open economy with capital market imperfection. The capital market imperfection...
Persistent link: https://www.econbiz.de/10008777398
In this paper we investigate empirically the relationship between population aging begins in Morocco and private savings. To do this, we use an overlapping generations model (OLG) and annual data from 1980 to 2010. Econometric estimates show that if the increase in the dependency ratio...
Persistent link: https://www.econbiz.de/10011110281
This paper projects the effects of exogenous fertility changes in Turkey on the age structure of population and the standards of living using a semi-reduced-form model of economic growth and demographic change. Both the technological progress and the fertility rate are endogenous. The calibrated...
Persistent link: https://www.econbiz.de/10011110923
calculations on the Philippines suggest that capital flight contributed to lower the quality of long-term economic growth …. Sustained capital flight over three decades means that capital flight had a role for the Philippines to lose the opportunities … the macroeconomy more effectively, the Philippines remains caught in the perpetuity of crises, its economy hollowed …
Persistent link: https://www.econbiz.de/10005260151
The study argues for the integration of good governance principles in developing financially viable, effective and social equity-laden microcredit strategy for the impoverished agrarian reform beneficiaries in Western Mindanao. It particularly examines the program design and implementation...
Persistent link: https://www.econbiz.de/10009401358
This paper, in a comparative analysis of the Philippines and Indonesia, examines first under what conditions can …
Persistent link: https://www.econbiz.de/10009402059
an econometric test of this conjecture using data from a survey of small rice farmers from the Philippines. Alternative …
Persistent link: https://www.econbiz.de/10005789639