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Birth Weight in the Long Run
Bharadwaj, Prashant - 2015
the lifecycle, education, social benefits take-up, and adult mortality. For this purpose, we have linked a unique dataset … insurance and that birth weight matters for adult mortality. We supplement our main analysis with more recent data, which …
Persistent link: https://www.econbiz.de/10012457314
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Measuring U.S. Fiscal Capacity using Discounted Cash Flow Analysis
Jiang, Zhengyang; Lustig, Hanno; Van Nieuwerburgh, Stijn; … - National Bureau of Economic Research - 2022
We use discounted cash flow analysis to measure a country's fiscal capacity. Crucially, the discount rate applied to projected cash flows includes a GDP risk premium. We apply our valuation method to the CBO's projections for the U.S. federal government's deficit between 2022 and 2051 and debt...
Persistent link: https://www.econbiz.de/10013190996
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The Impact of Health and Education on Labor Force Participation in Aging Societies – Projections for the United States and Germany from a Dynamic Microsimulation
Böheim, René; Horvath, Gerard Thomas; Leoni, Thomas; … - National Bureau of Economic Research - 2021
Using a highly stylized dynamic microsimulation model, we project the labor force of the United States up to the year 2060 and contrast these projections with projections for Germany to assess differential effects on outcomes The projections are consistent with the U S Census Bureau's and...
Persistent link: https://www.econbiz.de/10012794562
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Global Demographic Change : Dimensions and Economic Significance
Bloom, David E. - 2004
Transitions from high mortality and fertility to low mortality and fertility can be beneficial to economies as large …
Persistent link: https://www.econbiz.de/10012467872
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Cohort Crowding and Youth Labor Markets : A Cross-National Analysis
Korenman, Sanders - 1997
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/10012472786
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Tax Aspects of Policy Towards Aging Populations : Canada and the United States
Auerbach, Alan J. - 1990
In comparing Canada with the U.S., we first simulate the U.S. demographic transition, treating the U.S. as a closed economy. The time path of interest rates obtained from the U.S. simulations are then used in the Canadian simulations. In the Canada simulations, Canada is assumed to be an open...
Persistent link: https://www.econbiz.de/10012475628
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Discount Rates, Mortality Projections, and Money's Worth Calculations for US Individual Annuities
Poterba, James M.; Solomon, Adam - National Bureau of Economic Research - 2021
sensitive to the discount rate used to value future payment streams and assumptions about future mortality rates. This paper … on whether the rapid but since-attenuated decline in US old-age mortality rates during the 1990s and early 2000s is …, using discount rates drawn from the corporate BBB yield curve and future mortality rates that combine a Society of Actuaries …
Persistent link: https://www.econbiz.de/10012496110
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Demographic Transitions Across Time and Space
Delventhal, Matthew J.; Fernández-Villaverde, Jesús; … - National Bureau of Economic Research - 2021
The demographic transition --the move from a high fertility/high mortality regime into a low fertility/low mortality …
Persistent link: https://www.econbiz.de/10012696389
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Death, Population Growth, Productivity Growth and Debt Neutrality
Buiter, Willem H. - 1986
Debt neutrality is said to occur if, given a program for public spending on current goods and services over time, the real equilibrium of the economy (private consumption, investment, relative prices, etc.) is independent of the pattern of government borrowing and lump-sum taxation over time....
Persistent link: https://www.econbiz.de/10012477043
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Pensions and Mortality
Taubman, Paul J. - 1981
Pensions and age specific death rates are intertwined in several ways. Pensions provide a mechanism to remove the uncertainty about date of death from consumption planning. Age specific death rates determine the cost and value of pensions. In this paper, we use the Retirement History Survey to...
Persistent link: https://www.econbiz.de/10012478300