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Ageing, interest rates, and financial flows
Saarenheimo, Tuomas - 2005
.This study concentrates on the effects of ageing on the evolution of global interest rates and financial flows.The study uses a …
Persistent link: https://www.econbiz.de/10012147931
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The impact of population aging on the German statutory pension insurance: A probabilistic approach
Vanella, Patrizio; Gonzalez, Miguel Rodriguez; Wilke, … - 2021
The demographic transition is a phenomenon affecting many industrialized societies. These economies are experiencing a decline in mortality alongside low fertility rates - a situation that puts social security systems under severe pressure. To implement appropriate reform measures, adequate...
Persistent link: https://www.econbiz.de/10013178195
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On secular stagnation and low interest rates: Demography matters
Ferrero, Giuseppe; Gross, Marco; Neri, Stefano - 2017
Nominal and real interest rates in advanced economies have been decreasing since the mid-1980s and reached historical low levels in the aftermath of the global financial crisis. Understanding why interest rates have fallen is essential for both monetary policy and financial stability. This paper...
Persistent link: https://www.econbiz.de/10011804403
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Financial variables, market transactions, and expectations as functions of risk
Olkhov, Victor - In: International Journal of Financial Studies 7 (2019) 4, pp. 1-27
This paper develops methods and a framework of financial market theory. We model financial markets as a system of agents which perform market transactions with other agents under the action of numerous expectations. Agents' expectations are formed of economic and financial variables, market...
Persistent link: https://www.econbiz.de/10013200244
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"Too Bad to Be True". Swedish Economists on Keynes's 'The Economic Consequences of the Peace, 1919-1929'
Carlson, Benny; Jonung, Lars - 2019
This paper examines the response of five prominent Swedish economists, David Davidson, Gustav Cassel, Eli Heckscher, Knut Wicksell and Bertil Ohlin, to John Maynard Keynes's "The Economic Consequences of the Peace" and to the German reparations in the 1920s. When Keynes's book appeared, Davidson...
Persistent link: https://www.econbiz.de/10013208857
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Potential labour supply in the regions of the Nordic countries: A method to forecast and test regional patterns of potential labour supply
Schmidt, Torben Dall; Kangasharju, Aki; Rauhut, Daniel - 2010
Ageing is a central issue in policy debates in many countries. Much of the attention in the current debate is focused … question by examining how ageing changes the regional variation in the future potential labour supply in different countries … the future levels of Labour Potential in the Nordic regions not necessarily revealed by the variation in ageing patterns. …
Persistent link: https://www.econbiz.de/10011332481
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Instrumental Variable Estimation of the Causal Effect of Hunger Early in Life on Health Later in Life
Berg, Gerard J. van den; Pinger, Pia; Schoch, Johannes - 2012
Numerous studies have evaluated the effect of nutrition early in life on health much later in life by comparing individuals born during a famine to others. Nutritional intake is typically unobserved and endogenous, whereas famines arguably provide exogenous variation in the provision of...
Persistent link: https://www.econbiz.de/10011441804
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Demographic Pressure in the European Union
Peeters, Marga; Groot, Loek - 2012
On top of the sovereign debt crisis in the European Union, demographic change is exerting enormous pressure on public finances. We analyse four policy options: lowering pension benefits, increasing labour market participation of the native population, immigration and participation of older...
Persistent link: https://www.econbiz.de/10011496181
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Ageing and productivity: Introduction
Bloom, David E.; Sousa-Poza, Alfonso - 2013
Population ageing will be the dominant feature of the world's demographic landscape in the coming decades, raising … articles in this special issue of Labour Economics define and address key issues with respect to the interplay of ageing … the economic effects of population ageing. …
Persistent link: https://www.econbiz.de/10010293198
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Health Care Expenditures and Longevity: Is there a Eubie Blake Effect?
Breyer, Friedrich; Lorenz, Normann; Niebel, Thomas - 2012
population forecast for Germany is used to isolate the effect of demographic ageing on real per-capita HCE over the next decades. …
Persistent link: https://www.econbiz.de/10010327738