Showing 1 - 10 of 852
We use census data for the US, Canada, Spain, and UK to estimate bilateral migration rates to these countries from 25 … payments crises and natural disasters. Latin American migration to Canada, Spain, and the UK, in contrast, is largely …
Persistent link: https://www.econbiz.de/10012462186
In comparing Canada with the U.S., we first simulate the U.S. demographic transition, treating the U.S. as a closed … Canada simulations, Canada is assumed to be an open economy which takes the U.S. interest rate as given. The simulations … indicate that demographics are likely to have significant effects on rates of saving and taxation in both the U.S. and Canada …
Persistent link: https://www.econbiz.de/10012475628
2060 and contrast these projections with projections for Germany to assess differential effects on outcomes The projections …Both the US and Germany are expected to undergo demographic aging, but their demographic fundamentals differ starkly … 2020 and 2060, while Germany will experience a decline by 10.7 percent (4.4 million workers). In these baseline projections …
Persistent link: https://www.econbiz.de/10012794562
This paper focuses on three large Continental European countries: France, Germany, and Italy. These countries have …
Persistent link: https://www.econbiz.de/10012462881
Even with well-developed capital markets, there is no private market mechanism for trading between current and future generations, so a potential role for public old-age pension systems is to spread economic and demographic shocks among different generations. This paper evaluates the smoothing...
Persistent link: https://www.econbiz.de/10012459525
We use a detailed micro dataset on product availability to construct a direct high-frequency measure of consumer product shortages during the 2020-2021 pandemic. We document a widespread multi-fold rise in shortages in nearly all sectors early in the pandemic. Over time, the composition of...
Persistent link: https://www.econbiz.de/10012629429
France, Italy and Germany corroborates this finding, and we estimate cumulative gains of up to 5 percentage points in … provincial vaccination rates and 790,000 or more first doses for Canada as a whole as of October 31, 2021 (5 to 13 weeks after … (around 6 mln) and Germany (around 3.5 mln) 11 to 16 weeks after the proof of vaccination mandate announcements …
Persistent link: https://www.econbiz.de/10012794591
the bias resulting from regulation. We measure the bias for the manufacturing sectors of three countries, the U.S., Canada … and Germany, and thereby assess the impact of increased pollution abatement capital regulation on productivity growth. Our …
Persistent link: https://www.econbiz.de/10012477316
Many households hold little wealth, especially liquid wealth. In precautionary savings models, absent preference heterogeneity, these households should display not only higher marginal propensities to consume (MPCs), but also lower average propensities to consume (APCs) and higher future...
Persistent link: https://www.econbiz.de/10012479167
We estimate the degree of 'stickiness' in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness...
Persistent link: https://www.econbiz.de/10012464771