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This study explores the effect of various demographic features on wealth share using yearly data for 43 countries. Empirical results from quantile regressions indicate that besides macroeconomic and institutional factors, population ageing and the high size of working population exhibit some...
Persistent link: https://www.econbiz.de/10013419124
This study investigates the tail dependence structures of sovereign credit default swaps (CDSs) and three global risk factors in BRICS countries using a copula approach, which is popular for capturing the 'true' tail dependence based on the 'distribution-adjusted' joint marginals. The empirical...
Persistent link: https://www.econbiz.de/10013201412
Livestock production and consumption of meat are significant contributors to today's most serious environmental problems and global warming. This paper investigates the role of marine reserves in shaping meat consumption pattern across member countries of the South East Atlantic Fisheries...
Persistent link: https://www.econbiz.de/10012613808
Purpose - The theoretical debate of corruption's impact on economic growth remains unsettled, making it an empirical question. This study aims to investigate corruption's effect on BRICS countries' economic growth. Design/methodology/approach A panel dataset on BRICS countries spanning 1996 to...
Persistent link: https://www.econbiz.de/10014516372
We examine the effect of demographic shifts on asset prices in an overlapping generations model with endogenous population dynamics. We establish a robust inverse relationship between returns and the old dependency ratio. We document the absence of a simple monotonic relationship between asset...
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