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We develop a two-country, two-sector overlapping generations model to examine the effect of population aging on the real exchange rate (RER). While an older population raises the relative demand for nontradables (a feature of structural transformation) putting upward pressure on relative prices...
Persistent link: https://www.econbiz.de/10012849781
by introducing the facts, figures, and forecasts surrounding the aging of populations across different countries at …
Persistent link: https://www.econbiz.de/10011528113
by introducing the facts, figures, and forecasts surrounding the aging of populations across different countries at …
Persistent link: https://www.econbiz.de/10012983909
The demographic foundation of nations is remarkably resilient to losses with the causes of that resiliency not uniform cross-nationally. Countries in the early stages of development have very high birth rates and a growing youthful population with only the most extreme cases of genocide...
Persistent link: https://www.econbiz.de/10013221778
This paper surveys publications in the fields of economic history and demography in the ESR since 1969. Numbering sixty …
Persistent link: https://www.econbiz.de/10012063060
Population forecasts indicate that the world is facing massive demographic changes during the 21st century. This does … demographic dividend to income projections. Our findings are as follows. First, show that historically the impact of demography on …
Persistent link: https://www.econbiz.de/10014529194
Recent distressing trends in climate change, population explosion and deforestation inspired this paper, which completes existing literature by providing empirical justification to hypothetical initiatives on the impact of population growth on forest sustainability in Africa. Using three...
Persistent link: https://www.econbiz.de/10011410348
attainment improved. We show how demography can account for this seemingly conflicting pattern. Specifically, we argue that a …
Persistent link: https://www.econbiz.de/10013199328
This paper aims to disentangle the driving factors behind the changes in income inequality in the Baltics since the EU accession, distinguishing between primary income effect, discrete changes in tax-benefit policies and demographic effect. Evaluation of the three effects was based on...
Persistent link: https://www.econbiz.de/10011684451
interests of the different groups are only partly coinciding. For a given demography and interest rate, the joint result of the … in the capital market with a corresponding equilibrium interest rate. In this paper we assume a demography with one … determined by the demography and cannot be modified at will as a long-term political instrument. We find that this is relevant …
Persistent link: https://www.econbiz.de/10012154725