Showing 121 - 130 of 760,946
Persistent link: https://www.econbiz.de/10010233855
Persistent link: https://www.econbiz.de/10010240711
The demographic transition can affect the equilibrium real interest rate through three channels. An increase in longevity - or expectations thereof - puts downward pressure on the real interest rate, as agents build up their savings in anticipation of a longer retirement period. A reduction in...
Persistent link: https://www.econbiz.de/10011439850
Persistent link: https://www.econbiz.de/10011532326
incorporating fertility and longevity into a lifecycle model of savings changes the standard predictions when countries differ in … theory. The fact that fast-growing emerging countries are also aging faster, while having less developed credit markets and …
Persistent link: https://www.econbiz.de/10011472160
Persistent link: https://www.econbiz.de/10011564276
Based on the Lee-Carter (LC) model, the benchmark in population forecasting, a variety of extensions and modifications are proposed in this paper. We investigate one of the extensions, the Hyndman-Ullah (HU) method and apply it to Asian demographic data sets: China, Japan and Taiwan. It combines...
Persistent link: https://www.econbiz.de/10010477583
Persistent link: https://www.econbiz.de/10010418980
mortality, fertility rate and female education. We show that reduction in child mortality is best predicted by the level of GDP … in a country over the preceding 5 years. Fertility rate decreases when current or predicted child mortality is low, and … is weakly dependent on female education and economic growth. As fertility drops, GDP increases producing a cycle that …
Persistent link: https://www.econbiz.de/10010425735
OLG model, with endogenous fertility and longevity, the optimal age structure, identified by number-dampened total … exceeds the observed, especially due to a very low fertility. Introducing a preference for the population stock increases the …
Persistent link: https://www.econbiz.de/10010482437