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economies—Hong Kong SAR, Japan, Singapore, Malaysia, and the Philippines—for the period 1997–2050 using a simulation approach …
Persistent link: https://www.econbiz.de/10005826103
This paper simulates the macroeconomic effects of population aging in a dynamic overlapping generations model of a small open economy. The model is calibrated to data for the Czech Republic, where population aging is proceeding at a pace comparable to that in other advanced countries in Europe....
Persistent link: https://www.econbiz.de/10005264152
This paper explores the global impact of population aging, using a calibrated overlapping generations model of eight world regions to simulate the effects of historical and projected demographic trends on international capital flows. The simulations show that there will be a turning point in...
Persistent link: https://www.econbiz.de/10005605062
The United Kingdom allowed workers from the ten new European Union member countries immediate access to its labor market after the accession in 2004. This paper uses a general equilibrium framework to explore the dynamic adjustment of the UK economy to the postaccession surge in immigration....
Persistent link: https://www.econbiz.de/10005605180
The world is in the midst of a major demographic transition. This paper examines the implications of such transition over the next 80 years for Japan, the United States, other industrial countries, and the developing regions of the world using a dynamic intertemporal general equilibrium...
Persistent link: https://www.econbiz.de/10005826038
The working age population is expected to grow faster in the Middle East than in any other region in the world between now and 2015—rising annually by 2.7 percent, or 10 million people. This demographic explosion presents the region with a major challenge in terms of providing jobs, incomes,...
Persistent link: https://www.econbiz.de/10005264176
Large cohorts of young adults are poised to add to the working-age population of developing economies. Despite much interest in the consequent growth dividend, the size and circumstances of the potential gains remain under-explored. This study makes progress by focusing on India, which will be...
Persistent link: https://www.econbiz.de/10008876597
This paper describes the Kingdom of Lesotho’s Poverty Reduction Strategy Paper and National Strategic Development Plan (NSDP) 2012/13–2016/17. NSDP recognizes, as a point of departure, the need and urgency for Lesotho to radically transform its economy. To achieve the National...
Persistent link: https://www.econbiz.de/10011245521
studies (Latvia, Lithuania, Montenegro, Poland, and Romania). Our results of the panel data analysis indicate that supply …. In the case studies, we find a similar result for Lithuania and Montenegro, but the other three case studies point to the …
Persistent link: https://www.econbiz.de/10011163123
This paper reviews Lithuania’s fiscal consolidation since 2009, assesses the contribution of revenue and expenditure to … lowest revenue-to-GDP ratio in the EU, Lithuania’s fiscal adjustment has so far relied mainly on expenditure measures, with … the quality of measures deteriorating over time. The analysis also suggests that Lithuania’s tax system, in comparison …
Persistent link: https://www.econbiz.de/10011242296