The ability to measure the predictive power of consumer surveys is very important especially for central banks in order to have a forward-looking perspective about consumer tendencies and expenditures. Particularly, most studies have found that diffusion indices obtained from surveys are linked...

Bu çalýþmada Türkiye için nüfus daðýlýmý dinamiklerinin uzun dönemde konut talebi üzerindeki etkisi incelenmektedir. TÜÝK hanehalký bütçe anketi verileri kullanýlarak hanehalký konut talebi hanehalkýndaki bireylerin yaþ aralýklarý ile iliþkilendirilmiþ ve her bir yaþ...

In this study, we investigate the effects of age structure dynamics of population on the housing demand in Turkey. The critical question is how the housing demand moves in the environment of positive population growth with declining rate and aging population. We use TurkStat Household Budget...

This paper studies the impact of demographic shifts, energy prices and climate factors on Italian households� energy budget. The pattern of energy expenditure of Italian households is studied using the Italian Household Budget Survey. The expenditure for heating, private transport and...

This paper contributes to the already vast literature on demography-induced international capital flows by examining the role of labor market imperfections and institutions. We setup a two-country overlapping generations model with search unemployment, which we calibrate on EU15 and US data....

This paper contributes to the already vast literature on demography-induced international capital flows by examining the role of labor market imperfections and institutions. We setup a two-country overlapping generations model with search unemployment, which we calibrate on EU15 and US data....

Challenges raised by ageing (increasing longevity) have prompted policy debates featuring policy proposals justified by reference to some notion of intergenerational equity. However, very different policies ranging from pre-savings to indexation of retirement ages have been justified in this...

Motivated by migration phenomena and wage-inflation spillovers, we investigate the relationship between the two and the inflationary remittances built-in pressures. We establish a feedback loop between migration and inflation, and specify a simple dynamic model to identify the pass-through. Our...