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The Dynamics of an Aging Population : the Case of Four OECD Countries
Auerbach, Alan J.; Kotlikoff, Laurence J.; Hagemann, Robert - 2021
Demographic changes, such as those anticipated in most OECD countries, have many economics effects that impinge on a country's fiscal viability. Evaluation of the effects of associated changes in capital-labor ratios and the welfare and behavior of different generations requires the use of a...
Persistent link: https://www.econbiz.de/10013246074
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Secular Stagnation? The Effect of Aging on Economic Growth in the Age of Automation
Acemoglu, Daron - 2017
Several recent theories emphasize the negative effects of an aging population on economic growth, either because of the … lower labor force participation and productivity of older workers or because aging will create an excess of savings over … anything, countries experiencing more rapid aging have grown more in recent decades. We suggest that this counterintuitive …
Persistent link: https://www.econbiz.de/10012964893
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Getting PPP right : identifying mean-reverting real exchange rates in panels
Chortareas, Georgios E. (contributor);  … - 2008
Recent advances in testing for the validity of Purchasing Power Parity (PPP) focus on the time series properties of real exchange rates in panel frameworks. One weakness of such tests, however, is that they fail to inform the researcher as to which cross-section units are stationary. As a...
Persistent link: https://www.econbiz.de/10003740322
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Getting PPP right : identifying mean-reverting real exchange rates in panels
Chortareas, Georgios E. (contributor);  … - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002153120