Showing 1 - 10 of 2,294
In this paper, we present data on trends over time in domestic saving rates in twelve economies in developing Asia … Asia have, in general, been high and rising but that there have been substantial differences from economy to economy and … rates in developing Asia for the 2011-2030 period based on our estimation results and find that the domestic saving rate in …
Persistent link: https://www.econbiz.de/10012461076
examines the relationship between population change and economic development in particular regions of the world: East Asia …; Japan; OECD, North America and Western Europe; South-central and Southeast Asia; Latin America; Middle East and North Africa …, combined with reduced fertility and increases in the working-age population, have contributed to economic growth in some areas …
Persistent link: https://www.econbiz.de/10012470030
-2050. Population ageing will tend to lower both labor-force participation and savings rates, thereby raising concerns about a future … population. In most non-OECD countries, declining fertility rates will cause labor-force-to-population ratios to rise as the …
Persistent link: https://www.econbiz.de/10012461952
We assess quantitatively the effect of exogenous reductions in fertility on output per capita. Our simulation model … quantitative macroeconomic theory. We apply the model to examine the effect of a change in fertility from the UN medium-variant to …
Persistent link: https://www.econbiz.de/10012461281
There is growing concern about a decline in the total fertility rate worldwide, but nowhere is the concern greater than … generate incentives for individuals to reduce not just the fertility rate within families, but also the incentive to form … fertility rates. Our results show that the impact of social security on these variables has been non-trivial. Our calibrated …
Persistent link: https://www.econbiz.de/10012465787
little effect on savings rates. In many countries, however, retirement incentives in social security programs prevent … retirement ages from keeping pace with changes in life expectancy, leading to an increased need for life-cycle savings. Analyzing … a cross-country panel of macroeconomic data, we find that increased longevity raises aggregate savings rates in …
Persistent link: https://www.econbiz.de/10012466040
The extent of the demographic changes in Europe is dramatic and will deeply affect future labor, financial and goods markets. The expected strain on public budgets and especially social security has already received prominent attention, but aging poses many other economic challenges that...
Persistent link: https://www.econbiz.de/10012462881
This paper employs a multi-country large scale Overlapping Generations model with uninsurable labor productivity and mortality risk to quantify the impact of the demographic transition towards an older population in industrialized countries on world-wide rates of return, international capital...
Persistent link: https://www.econbiz.de/10012466211
the prediction of the national savings rate of Korea for the next several decades, we employ a life-cycle model, which … that the rapid population aging and long-term budgetary imbalance will substantially lower the national savings rate in … introduction of reverse annuity mortgage is likely to further decrease the savings rate in the future …
Persistent link: https://www.econbiz.de/10012466403
large increase in its DR because its fertility rate is low, its people are long lived and it has little immigration …. Fertility is the largest of the contributors in Japan. If there are no demographic changes in Japan, the DR will be 0.88 by 2050 … dependency ratio (DR), is currently about 0.64. In the immediate pre-WWII era it was even higher because Japan's total fertility …
Persistent link: https://www.econbiz.de/10012456232