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services, Foreign Direct Investment . net inflows, savings). Part four highlights the results of the research alongside other … means of two catalytic factors: the dynamics of the domestic credit, respectively that of the savings, variables with a …
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misleading results. Four determinants of savings are examined (GDP per capita, age dependency ratio on working group, inflation …
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This paper develops a dynamic, life-cycle, general equilibrium model to study the interdependent demographic, fiscal, and economic transition paths of China, Japan, the U.S., and the EU. Each of these countries/regions is entering a period of rapid and significant aging requiring major fiscal...
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