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Tax Aspects of Policy Towards Aging Populations : Canada and the United States
Auerbach, Alan J. - 2011
Canada and the United States. The simulation model determines the perfect foresight transition path of an economy in which … handling changes in demographics and fiscal policies, the model can be run for closed or open economies.In comparing Canada … interest rates obtained from the U.S. simulations are then used in the Canadian simulations. In the Canada simulations, Canada …
Persistent link: https://www.econbiz.de/10013126200
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Immigration, Human Capital Formation and Endogenous Economic Growth
Ehrlich, Isaac - 2015
Census data from international sources covering 77% of the world's migrant population indicate that the skill composition of migrants in major destination countries, including the US, has been rising over the last 4 decades. Moreover, the population share of skilled migrants has been approaching...
Persistent link: https://www.econbiz.de/10013012386
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Cost of Capital for the United States, Japan, and Canada : An Attempt at Measurement Based on Individual Company Records and Aggregate National Acccoun
Ando, Albert; Hancock, John; Sawchuk, Gary David - 2021
countries such as the US, Canada, and Japan. Attempts are made to carry out the measurement based both on the accounting records … depreciation and before taxes is found to fluctuate around 10-11% without a persistent trend. For Canada, the indivi- dual company … Canada supple- mented by some unpublished data supplied by Statistics Canada suggest that the cost of capital in Canada is …
Persistent link: https://www.econbiz.de/10013249360
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Unraveling the Productivity Growth Slowdown in the U.S., Canada and Japan : the Effects of Subequilibrium, Scale Economies and Markup
Morrison Paul, Catherine J. - 2021
Measures of productivity growth typically include in the Productivity "residual" the impacts of subequilibrium from fixity of factors, costs of adjustment, returns to scale and markups. This paper proposes a general two part framework for adjusting the residual measure to take these impacts into...
Persistent link: https://www.econbiz.de/10013213436
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Productivity Growth in the Automobile Industry, 1970-1980 : a Comparisonof Canada, Japan and the United States
Fuss, Melvyn - 2012
Canada, the U.S.and Japan. Utilizing an econometric cost function methodology, we are able to isolate the major source of … correct for this source of productivity change would have led to a 31% under estimate of long-run TFP growth in Canada arid a …
Persistent link: https://www.econbiz.de/10012755399
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Slum Clearance and Urban Renewal in the United States
Collins, William J. - 2011
We study the local effects of a federal program that helped cities clear areas for redevelopment, rehabilitate structures, complete city plans, and enforce building codes. We use an instrumental variable strategy to estimate the program's effects on city-level measures of income, property...
Persistent link: https://www.econbiz.de/10013120192
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Effects of the Changing U.S. Age Distribution on Macroeconomic Equations
Fair, Ray C.; Dominguez, Kathryn M.E - 2021
The effects of the changing U.S. age distribution on various macroeconomic equations are examined in this paper. The equations include consumption, money demand, housing investment, and labor force participation equations. Seven age groups are analyzed: 16-19, 20-24, 25-29, 30-39, 40- 54, 55-64,...
Persistent link: https://www.econbiz.de/10013237027
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U.S. Demographics and Saving : Predictions of Three Saving Models
Auerbach, Alan J. - 2011
This paper compares the predictions of three different saving models with respect to the impact of projected U.S. demographic change on future U.S. saving rates. The three models are the life cycle model, the infinite horizon altruism model, and a reduced form econometric model. The findings for...
Persistent link: https://www.econbiz.de/10013126292
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Inequality and Infant and Childhood Mortality in the United States in the Twentieth Century
Haines, Michael R. - 2010
This paper deals with the issue of using infant and childhood mortality as an indicator of inequality. The case is that of the United States in the 20th century. Using microdata from the 1900 and 1910 Integrated Public Use Microsamples (IPUMS), published data from the Birth Registration Area in...
Persistent link: https://www.econbiz.de/10013141850
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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
impending demographic changes in Japan, the Federal Republic of Germany, Sweden and the United States. The simulation results …
Persistent link: https://www.econbiz.de/10013246074