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Demography, capital flows and unemployment
Marchiori, Luca; Pierrard, Olivier; Sneessens, Henri R. - Centre de Recherche en Économie Appliquée (CREA), … - 2011
This paper contributes to the already vast literature on demography-induced international capital flows by examining the role of labor market imperfections and institutions. We setup a two-country overlapping generations model with search unemployment, which we calibrate on EU15 and US data....
Persistent link: https://www.econbiz.de/10010938989
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The Long-Term Economic Impact of Reducing Migration in the UK
Lisenkova, Katerina; Mérette, Marcel; … - In: National Institute Economic Review 229 (2014) 1, pp. 22-22
This paper uses an OLG-CGE model for the UK to illustrate the long-term effect of migration on the economy. We use the … current Conservative Party migration target to reduce net migration “from hundreds of thousands to tens of thousands†as an … illustration. Achieving this target would require reducing recent net migration numbers by a factor of about 2. We undertake a …
Persistent link: https://www.econbiz.de/10011135917
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European Union Economy System Dynamic Model Development
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2012
in EU, and changes in distribution of EU means, taking into account internal migration. …
Persistent link: https://www.econbiz.de/10011259562
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Projected Economic Growth in China and India: The Role of Demographic Change
Tyers, Rod; Golley, Jane; Bain, Ian - College of Business and Economics, Australian National … - 2007
Within the next decade, China’s labour force will begin to contract, while that of India will expand faster than its population. Relative labour abundance will bring higher capital returns and an increasing share of global FDI to India. Yet China may relax its One Child Policy further and...
Persistent link: https://www.econbiz.de/10005086535
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Demographic Dividends, Dependencies and Economic Growth in China and India
Golley, Jane; Tyers, Rod - College of Business and Economics, Australian National … - 2012
The world's two population giants have undergone significant, and significantly different, demographic transitions since the 1950s. The demographic dividends associated with these transitions during the first three decades of this century are examined using a global economic model that...
Persistent link: https://www.econbiz.de/10009493996
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China's Growth to 2030: Demographic Change and the Labour Supply Constraint
Tyers, Rod; Golley, Jane - 2006
Persistent link: https://www.econbiz.de/10005034250
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China's Economic Growth and its Real Exchange Rate
Tyers, Rod; Golley, Jane; Yongxiang, Bu; Bain, Ian - College of Business and Economics, Australian National … - 2006
The recent influx of financial capital to China implies expectations of continued real appreciation and, indeed, rapid expansion had previously led to real appreciations elsewhere in East Asia. In a world of open economies and differentiated traded goods, however, development-related...
Persistent link: https://www.econbiz.de/10005532885
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China’s Real Exchange Rate
Tyers, Rod; Golley, Jane - College of Business and Economics, Australian National … - 2007
International pressure to revalue China’s currency stems in part from the expectation that rapid economic growth should be associated with a real exchange rate appreciation. This hinges on the Balassa-Samuelson hypothesis under which economic growth, stemming from improvements in traded sector...
Persistent link: https://www.econbiz.de/10005532888
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Demographic Change and the Labour Supply Constraint
Golley, Jane; Tyers, Rod - College of Business and Economics, Australian National … - 2006
China’s economic growth has, hitherto, depended on its relative abundance of production labour and its increasingly secure investment environment. Within the next decade, however, China's labour force will begin to contract. This will set its economy apart from other developing Asian countries...
Persistent link: https://www.econbiz.de/10005734288
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China's Growth to 2030: The Roles of Demographic Change and Investment Premia
Tyers, Rod; Golley, Jane - 2006
China's economic growth has, hitherto, depended on its relative abundance of production labour and its increasingly secure investment environment. Within the next decade, however, China's labour force will begin to contract. This will set its economy apart from other developing Asian countries...
Persistent link: https://www.econbiz.de/10005698405