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Contrary to previous findings, we find a systematic and economically sizeable relationship between income levels and …
Persistent link: https://www.econbiz.de/10011496984
-shaped consumption age profiles. The main driver behind lifecycle consumption variations are lifecycle income changes, which display … similar flattening. Employing a lifecycle model we show changes in income are sufficient to match the movements in consumption …
Persistent link: https://www.econbiz.de/10012839357
behind lifecycle consumption variations are lifecycle income changes, which display similar flattening. Employing a lifecycle … model we show changes in income are sufficient to match the movements in consumption …
Persistent link: https://www.econbiz.de/10013240810
-shaped consumption age profiles. The main driver behind lifecycle consumption variations are lifecycle income changes, which display … similar flattening. Employing a lifecycle model we show changes in income are sufficient to match the movements in consumption …
Persistent link: https://www.econbiz.de/10012177052
Long-run impact of economic growth on fertility trends is ambiguous and sensitive for in-time variations. Noticeably, over last decades, economic growth has led in many countries to significant falls in total fertility rates. However, recently, in highincome economies a kind of 'fertility...
Persistent link: https://www.econbiz.de/10012001132
recent years, in high-income economies a kind of “fertility rebound” is revealed (Goldstein 2009; Luci and Thevenon, 2010 …
Persistent link: https://www.econbiz.de/10011802142
and growth, whose simulations match our empirical findings. The current trend of population aging and reduced fertility is …
Persistent link: https://www.econbiz.de/10011457979
In the present paper an empirical analysis will point out that ageing causes a decline on economic growth as claimed by Martins et al., (2005). The sample covers all western world and the United States. Data are taken from Eurostat and OECD. The elaboration of these panel data is made feasible...
Persistent link: https://www.econbiz.de/10013089720
and growth, whose simulations match our empirical findings. The current trend of population aging and reduced fertility is …
Persistent link: https://www.econbiz.de/10013014371
In the euro area, there is mixed evidence that the GDP per capita of lower-income economies has been catching up with … that of higher-income economies since the start of monetary union. The significant real convergence performance of some of …
Persistent link: https://www.econbiz.de/10012941989