This paper investigates household decisions, and optimal taxation in an overlapping generations model in which … savings and growth rates. The nature of the externality's impact, however, critically depends on the rate at which labor …

determines whether or not a household's total wealth is increasing with age. If total wealth is increasing/decreasing with age …

order to test the hypothesis, the paper estimates the effect of a common currency on China’s processing and ordinary exports … regional production networks, with final stages of assembly and exporting being increasingly concentrated in China. The short …-run dynamics indicate that the effect on China’s processing exports is more than double the corresponding effect on China …

growing US current account deficit and, in parallel, the growing current account surpluses in China, other Asian countries … been regarded sustainable for a time being as long as China and other Asian countries continue to pursue export … system as well as instability remain. The paper stresses that the imbalance between the United States and China has been …

), to the detriment of regional integration and pro-poor growth. However, mounting competi-tion between China and other …

giant fast-growing countries, China and India, with the liberalised global economy. The integration is taking place under … of the global labour force with India and China’s recent integration with the international economy may have profoundly … its technological leadership. In relation to policy, the underlying question examined here is whether India and China …

Pakistan. Consumption decisions determine savings decisions. In long term growth literature, differences in long term growth … had been explained to a large extent by differences in the rate of savings which also determine a country’s investment in … determinants of savings in Pakistan economy. The results indicate evidence of consumption smoothing and relatively stable Average …