growth, declines in fertility, and increases in life expectancy all have implications for life-cycle saving. We use data from …

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 …

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 …

Population aging is primarily the result of past declines in fertility, which produced a decades long period in which …

Transitions from high mortality and fertility to low mortality and fertility can be beneficial to economies as large … the positive effects of demographic change during 1960-95. We also show how Ireland benefited from lower fertility in the … form of higher labor supply per capita and how Taiwan benefited through increased savings rates. We emphasize, however …

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 …

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 …

Ansley Coale and Edgar Hoover were right about Asia. Rising fertility and declining infant mortality have had a … profound impact on Asian savings, investment and foreign capital dependency since Coale and Hoover wrote in 1958. We argue that …: Much of the impressive rise in Asian savings rates since the 1960s can be explained by the equally impressive decline in …

Europeans restricted their fertility long before the Demographic Transition. By raising the marriage age of women and …-economic institution in history that limited fertility through delayed marriage. Our model emphasizes changes in agricultural production …