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This paper examines the extent to which changes in working-age shares associated with population aging might slow economic growth in upcoming years. We first analyze the economic effects of changing working-age shares in a standard empirical growth model using country panel data from 1950-2015....
Persistent link: https://www.econbiz.de/10014337818
form of higher labor supply per capita and how Taiwan benefited through increased savings rates. We emphasize, however … institutions and policies, requiring the productive employment of the potential workers and savings the transition generates …
Persistent link: https://www.econbiz.de/10012467872
China's total fertility rate declined very little following implementation of the One Child Policy (OCP) in 1979 … multi-decrement fertility life tables, finding that the policy explains 46% of China's total fertility rate decline during … contraception in China) that was "recommended" by party officials increased by 133% under the policy, a relative increase more than …
Persistent link: https://www.econbiz.de/10015409772
We develop a novel method for assessing the effect of constraints imposed by spatially-fixed natural resources on aggregate economic output. We apply it to estimate and compare the projected effects of climate change and population growth over the course of the 21st century, by country and...
Persistent link: https://www.econbiz.de/10014486236
methodology and presents preliminary results emphasizing economic support systems in Taiwan and the United States. As the two …
Persistent link: https://www.econbiz.de/10012465891
This paper examines issues of household saving, growth. and aging in Taiwan. The Taiwanese patterns of high income …
Persistent link: https://www.econbiz.de/10012474629
We revisit the cyclical nature of birth rates and infant health and investigate to what extent the relationship between aggregate labor market conditions and birth outcomes is mitigated by the consumption smoothing income assistance delivered through unemployment insurance (UI). We introduce a...
Persistent link: https://www.econbiz.de/10014226134
economic growth directly through households savings and labor supply decisions and also growth indirectly through the pension …
Persistent link: https://www.econbiz.de/10012480447
This paper develops the theoretical foundations and the testable implications of the various mechanisms that have been proposed as possible triggers for the demographic transition. Moreover, it examines the empirical validity of each of the theories and their significance for the understanding...
Persistent link: https://www.econbiz.de/10012461601
For decades, economists and social thinkers have debated the influence of population change on economic growth. Three alternative positions define this debate: that population growth restricts, promotes, or is independent of economic growth. Proponents of each explanation can find evidence to...
Persistent link: https://www.econbiz.de/10012470030