Purpose – The primary objective of the paper is to demonstrate the importance of borrower‐specific characteristics as well as local situation factors in determining the demand prospect as well as the risk of credit loss on residential housing loan repayment behavior in India....

Purpose – The primary objective of the paper is to demonstrate the importance of borrower-specific characteristics as well as local situation factors in determining the demand prospect as well as the risk of credit loss on residential housing loan repayment behavior in India....

Population ageing has been seen as creating economic problems, which are often described as a worsening intergenerational conflict for resources. A rising demographic dependency ratio is said to increase the “burden” on the working population, by forcing sacrifices in their consumption. Such...

Recent work on the econometric specification of the consumption function by London Business School (LBS) forecasters has argued that the inclusion of a variable capturing movements in demographic structure is essential to the explanation of the recent sharp drop in the UK personal savings ratio....

Provides a framework for analysing the financing of state pensions with a wide range of policy options. Special attention is given, however, to two special cases: the first involves a means‐tested pension similar to the Australian scheme, while the second is similar to the basic pension (the...

Purpose – The purpose of this paper is to take a forecasting approach to examine the relationship between the US birth rate, marriage rate, and economic conditions (measured by both realized unemployment and expected unemployment). The expectation data come from the Michigan Surveys of...

Population ageing has been seen as creating economic problems, which are often described as a worsening intergenerational conflict for resources. A rising demographic dependency ratio is said to increase the “burden” on the working population, by forcing sacrifices in their consumption. Such...

Provides a framework for analysing the financing of state pensions with a wide range of policy options. Special attention is given, however, to two special cases: the first involves a means-tested pension similar to the Australian scheme, while the second is similar to the basic pension (the...