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Local ties in spatial equilibrium
Zabek, Mike - 2019
ties – a preference to live in their birthplace – leads to smaller migration responses. Smaller migration responses to wage … productivity, since they lead to more migration …
Persistent link: https://www.econbiz.de/10012182408
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Delayed childbearing and urban revival : a structural approach
Moreno-Maldonaldo, Ana; Santamaria, Clara - 2024
Since 1980, college graduates have increasingly sorted into the downtowns of U.S. cities. This led to urban revival, a process that involves fast growth in income and housing prices downtown. Motivated by the observation that young childless households concentrate downtown, we link urban revival...
Persistent link: https://www.econbiz.de/10014553106
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Demographic change and R&D-based economic growth: Reconciling theory and evidence
Prettner, Klaus; Trimborn, Timo - 2012
In recent decades, most industrialized countries experienced declining population growth rates caused by declining fertility and associated with rising life expectancy. We analyze the effect of continuing demographic change on medium- and long-run economic growth by setting forth an R&D-based...
Persistent link: https://www.econbiz.de/10010311685
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The intergenerational distribution of demographic fluctuations in unfunded and funded pension systems : conference paper
Knell, Markus - 2013
In this paper I use a multi-period OLG model to study how a demographic shock is distributed among different generations. In particular, I investigate whether a funded pension system allows for a smoother adjustment than an unfunded system. The results suggest that the answer to this question...
Persistent link: https://www.econbiz.de/10010341066
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Medical care within an OLG economy with realistic demography
Frankovic, Ivan; Kuhn, Michael; Wrzaczek, Stefan - 2016
We study the role of health care within a continuous time economy of overlapping generations subject to endogenous mortality. The economy consists of two sectors: final goods production and a health care sector, selling medical services to individuals. Individuals demand health care with a view...
Persistent link: https://www.econbiz.de/10011437147
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Demographic change and the German current account surplus
Schön, Matthias - 2019 - Preliminary version
This paper analyses whether the severe demographic change in Germany causes its high current account surpluses. An ageing population both increases the supply and lowers demand of capital in an economy. Due to a longer life span individuals save more. Fewer workers reduce the optimal capital...
Persistent link: https://www.econbiz.de/10012266985
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The interplay between trade unions and the social security system in an aging economy
Friese, Max - 2017
The paper investigates the impacts of demographic change on the financial sustainability of a pay-as-you-go social security system in an economy with unemployment caused by trade unions. Using a simple two-period overlapping generations approach, it can be shown that the trade union behavior...
Persistent link: https://www.econbiz.de/10011592074
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Demographics and inflation
Bobeica, Elena; Lis, Eliza Magdalena; Nickel, Christiane; … - Task Force on Low Inflation (LIFT) - 2017
Most euro area countries have entered an unprecedented ageing process: life expectancy continues to rise and fertility rates have declined, while retirement age in the last twenty to thirty years hardly increased. This implies an ever smaller fraction of the working age population in total...
Persistent link: https://www.econbiz.de/10011636889
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Demographic change and the rate of return in PAYG pension systems
Schön, Matthias - 2020
The currently observed demographic change consists of two independent develop-ments that differ in structure and persistence: (1) A slow, monotonic and (presum-ably) permanent ageing effect caused by an increasing life expectancy; (2) a morerapidly changing, non-monotonic and less permanent...
Persistent link: https://www.econbiz.de/10012313783
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The Determination of a Migration Wave Using Ethnicity and Community Ties
Locher, Lilo - 2001
If people come to live in a country different from their nation state, due to border shifts, expulsion, or migration …, they adopt some of the new country?s habits after some time. This paper investigates their (return) migration decision when …. Looking at ethnic German migration in the 1990s, we compare basic features of the migration wave with assumptions of the model …
Persistent link: https://www.econbiz.de/10010262554