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Tax Aspects of Policy Towards Aging Populations : Canada and the United States
Auerbach, Alan J. - 2011
This paper uses the Auerbach-Kotlikoff Dynamic Simulation Model to compare the projected demographic transitions in Canada and the United States. The simulation model determines the perfect foresight transition path of an economy in which individuals live to age 75. The model's preferences are...
Persistent link: https://www.econbiz.de/10013126200
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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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Demographics, Fiscal Policy, and U.S. Saving in the 1980s and Beyond
Auerbach, Alan J. - 2010
This paper focuses on U.S. saving, demographics, and fiscal policy. We use data from the Consumer Expenditure Surveys of the 1980s to consider the effect of demographic change on past and future U.S. saving rates. Our findings indicate that demographic change may significantly alter the U.S....
Persistent link: https://www.econbiz.de/10012760152
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Population Aging
Weil, David N. - 2010
Population aging is primarily the result of past declines in fertility, which produced a decades long period in which the ratio of dependents to working age adults was reduced. Rising old-age dependency in many countries represents the inevitable passing of this %u201Cdemographic dividend.%u201D...
Persistent link: https://www.econbiz.de/10012761665
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Simulating the Dynamic Macroeconomic and Microeconomic Effects of the Fairtax
Kotlikoff, Laurence J. - 2009
Persistent link: https://www.econbiz.de/10012767466
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Cohort Crowding and Youth Labor Markets : A Cross-National Analysis
Korenman, Sanders; Neumark, David - 2021
We assess the evidence on the contribution of changes in the population age structure to the changing fortunes of youths in labor markets in advanced economies over the 1970s, 1980s and early 1990s, and use this evidence to project the likely effects of future cohort sizes on youth labor...
Persistent link: https://www.econbiz.de/10013222038
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The Effect of Demographic Factors on Age-Earnings Profiles
Freeman, Richard B. - 2021
The age-earnings profile of male workers is significantly influenced by the age composition of the workforce. When the number of young workers increased sharply in the 1970s, the profile "twisted" against them, apparently because younger and older male workers are imperfect substitutes in...
Persistent link: https://www.econbiz.de/10013228057
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Demographic Factors and Real House Prices
Green, Richard K.; Hendershott, Patric H. - 2021
Real house prices are directly determined by the willingness of households to pay for (and willingness of builders to supply) a constant-quality house. Changes in the quantity of housing demanded will affect real prices only to the extent that the long-run housing supply schedule is positively...
Persistent link: https://www.econbiz.de/10013229812
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The Competitive Saving Motive : Evidence from Rising Sex Ratios and Savings Rates in China
Wei, Shang-Jin - 2010
The high and rising household savings rate in China is not easily reconciled with the traditional explanations that … new competitive saving motive: As the sex ratio rises, Chinese parents with a son raise their savings in a competitive … manner in order to improve their son's relative attractiveness for marriage. The pressure on savings spills over to other …
Persistent link: https://www.econbiz.de/10013152435
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The Consequences of Population Aging on Private Pension Fund Saving and Asset Markets
Schieber, Sylvester J.; Shoven, John B. - 2021
This paper examines the impact of the aging demographic structure of the U.S. on its funded private pension system. A 75-year outlook is produced for the pension system corresponding to the 75-year forecast of the Social Security system. The primary result is that the pension system will cease...
Persistent link: https://www.econbiz.de/10013235879