Showing 1 - 10 of 2,096
How does global aging affect the convergence in global economic development? Both the developing and developed world … will be characterized for the coming decades by aging populations. Changes in the age distribution of a population are an …
Persistent link: https://www.econbiz.de/10011372996
Managing rapid population growth and spurring economic growth are among the most pressing policy challenges for Sub-Saharan Africa. We discuss the links between them and investigate the potential of family planning programs to address these challenges. Specifically, we estimate the impact of...
Persistent link: https://www.econbiz.de/10010229487
To sustain growth in an aging economy, it is important to ease the financing of small firms by bank loans. Using bank …
Persistent link: https://www.econbiz.de/10010240075
Persistent link: https://www.econbiz.de/10013281139
We examine the role of demographics and changing industrial policies in ac- counting for the rapid rise in household savings and in per capita output growth in China since the mid-1970s. The demographic changes come from reductions in the fertility rate and increases in the life expectancy,...
Persistent link: https://www.econbiz.de/10012058934
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Persistent link: https://www.econbiz.de/10011959513
We argue theoretically and document empirically that aging leads to greater (industrial) automation, and in particular … aging are ambiguous when technology responds to demographic change, but we should expect productivity to increase and labor …
Persistent link: https://www.econbiz.de/10011820230
This paper studies the effect of demographic change on national saving, global interest rates, and international capital flows, focusing on the role of the public pension system. We develop a small open economy overlapping generations model to illustrate the channels through which demographic...
Persistent link: https://www.econbiz.de/10011978553
In this paper, we analyse the effects of demographic change on a PAYG pension system, financed with a defined contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three-period overlapping generations model. We focus on both the case of...
Persistent link: https://www.econbiz.de/10011994093