We propose the following policy recommendations. First, all our results support the important role played by domestic demand. Both rising inequality and aging population affect Korea's GDP primarily through the private domestic demand channel. In the beginning of the implementation of Chin's...

The main contributions of this monograph are to quantitatively analyze the effects of aging population, rising income inequality, China's 13th Five-Year Plan, and Brexit. To do that, we use the Oxford Economics Global Model Workstation and the model developed by Eaton, Kortum, Neiman, and...