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We consider the effect of population age distribution in inclusive wealth accounting. Numerical results demonstrate … that the wealth of nations with an aging demographic structure, as well as those with a rapidly increasing working …
Persistent link: https://www.econbiz.de/10010784976
Persistent link: https://www.econbiz.de/10014549038
This paper examines the impact of earnings announcements and earnings forecast revisions on stock returns across markets with different levels of maturity. In each market, the objects of interest are the effects of backward-looking earnings announcement information and forward-looking earnings...
Persistent link: https://www.econbiz.de/10011212209
While the public debt has an interior maximum in the Diamond OLG model, due to an inherent nonlinearity [Rankin and Roffia (2003)], this feature also extends to a linear, AK model when it is conjoined with a backward-looking adjustment process for public debt [Braeuninger (2005)]. We show that...
Persistent link: https://www.econbiz.de/10011154558
inclusive wealth theory in Australia, this paper aims to identify and comment on the issues of measuring and modelling …
Persistent link: https://www.econbiz.de/10008518964
Persistent link: https://www.econbiz.de/10008480845
social well-being improvement. We explicitly derive genuine savings as an indicator of sustainability inclusive of one form …
Persistent link: https://www.econbiz.de/10010995259
Genuine Savings has emerged as the leading economic indicator of sustainable economic development at the country level …. It derives from the literatures on weak sustainability, wealth accounting and national income accounting. The paper is … overview of the intellectual history of Genuine Savings (GS). This is followed by an outline of the basic theoretical structure …
Persistent link: https://www.econbiz.de/10010944645
Published by the World Bank (as “Adjusted Net Savings”) for around 160 countries, Genuine Savings (GS) presents the …
Persistent link: https://www.econbiz.de/10011250955
This paper investigates institutional factors affecting the performance of genuine savings (GS), which is often used in …
Persistent link: https://www.econbiz.de/10011260427