This paper studies the relationship between population size and the rate of time preference (RTP) in pre-capitalist subsistence agricultural communities. The RTP is reflected in the community´s propensity to invest in and maintain new arable land that may be considered as an inherent...

In many countries the private sector is a net creditor while the public sector is a net debtor. Population aging increases the supply of net credit by the private sector because retirees or those approaching retirement accumulate more wealth, including net credit. Population aging leads to...