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China’s high savings rate and low consumption rate have become a major concern of policy-makers in China, as well as in the rest of the world. This paper integrates China’s demographic and national account data with age and sex profiles of household consumption- and labor earnings to project...
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This paper empirically examines the relationship between government foreign debt and the growth rate of per-capita GDP based on a total sample of 77 countries, as well as sub-samples of various regions. Cross-sectional estimates of the coefficient of foreign debt based on the total sample have a...
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