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This paper calculates the levels of optimal national saving, investment, and the current account balance for five Asian economies—Hong Kong SAR, Japan, Singapore, Malaysia, and the Philippines—for the period 1997–2050 using a simulation approach. These calculations show the sensitivity of...
Persistent link: https://www.econbiz.de/10014399958
This paper uses the task-content-of-occupations framework to analyze trends in employment and wages of female and male workers in the Indian labor market from 1994 to 2017. Workers are classified into four main occupational categories: nonroutine cognitive, routine cognitive, nonroutine manual,...
Persistent link: https://www.econbiz.de/10013329397
Persistent link: https://www.econbiz.de/10014432486
developing Asia up to 2050. Using a simple stylized model and the National Transfer Accounts data set, we simulate the effect of … still-growing working-age populations. Overall, our simulation results indicate that Asia's population aging will adversely …
Persistent link: https://www.econbiz.de/10012986580
Persistent link: https://www.econbiz.de/10012123580
Southeast Asia satisfy all of them. The conditions are (1) support ratio - the ratio of workers to consumers - matters for … economic growth, (2) economic development accompanies more investment in human capital and lower fertility due to the quantity …-quality tradeoff, and (3) current low level of fertility corresponds to too low support ratios for keeping up with the frontier …
Persistent link: https://www.econbiz.de/10011791948
By the middle of this century, Asia's elderly population is projected to reach 922.7 million, and its share of … population 17.5%, from just 4.1% in 1950. Within the next few decades, Asia is poised to become the oldest region in the world … requires a big head-start. This paper analyzes the impact that aging is having in Asia, examines the policy options for dealing …
Persistent link: https://www.econbiz.de/10011281472
The world faces growing challenges of aging populations. Asia is no exception with rapidly increasing life expectancies … and falling fertility rates. To help policy makers address these issues, this paper examines three sociopolicy options: (i … methodology with the goal of increasing fertility rates. When the retirement age is extended from 65 to 70, the overall dependency …
Persistent link: https://www.econbiz.de/10011579728
Persistent link: https://www.econbiz.de/10012821268