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Old-age poverty is to become one of the most pressing issues in the coming decades given the demographic trends forecasted. Particularly in developing countries this could be an obstacle to inclusive and sustainable growth as well as the fight against all forms of poverty (SDG 1), through shocks...
Persistent link: https://www.econbiz.de/10011518737
Asia is aging, although there is significant heterogeneity across subregions and economies. Population aging poses two strategic challenges for the region: sustaining economic growth and delivering old-age economic security. In this paper, we leverage the lifecycle perspective-that individuals'...
Persistent link: https://www.econbiz.de/10013329396
This study explores the effect of various demographic features on wealth share using yearly data for 43 countries. Empirical results from quantile regressions indicate that besides macroeconomic and institutional factors, population ageing and the high size of working population exhibit some...
Persistent link: https://www.econbiz.de/10013419124
G-Cubed is a multi-country, multi-sector, intertemporal general equilibrium model that has been used to study a variety of policies in the areas of environmental regulation, tax reform, monetary and fiscal policy, and international trade. It is designed to bridge the gaps between three areas of...
Persistent link: https://www.econbiz.de/10014025276
This contribution seeks to analyse and compare WTO Accession Protocols, particularly the interpretations given relevant commitments made in them regarding energy and fossil fuels. After first providing an outline of the accession process and its importance for the natural resources and energy...
Persistent link: https://www.econbiz.de/10012918296
Dual pricing is a practice through which resource-endowed states sell their energy resources at significantly lower prices on the domestic market, as compared to the price on the export market. Dual pricing could be considered an environmentally harmful fossil fuel subsidy: States that maintain...
Persistent link: https://www.econbiz.de/10012931636
This contribution discusses WTO subsidies disciplines in the context of the energy sector. After laying out the relevant disciplines, it will discuss the paradox of WTO law with respect to subsidies towards fossil fuels vis-à-vis those towards renewable energy. It is clear that subsidies on...
Persistent link: https://www.econbiz.de/10014125055
A small but growing body of empirical research underscores the relationship between a city's status as a political capital and its status within an urban hierarchy. Both theoretical and empirical work has attributed this to the agglomeration effects of government activity in the capital. The...
Persistent link: https://www.econbiz.de/10014187060
Despite similar levels of per capita income, education and technology, the development of labour income shares in OECD countries has displayed different patterns since 1960. The paper examines the role of demography in this regard. We first use a standard overlapping generations model to derive...
Persistent link: https://www.econbiz.de/10011514550
This paper presents new evidence on how demography affects attitudes toward democracy and policy preferences. The empirical analysis disentangles age effects from cohort effects and separates their role from economic and political factors that shape political preferences in a given period, using...
Persistent link: https://www.econbiz.de/10012803695