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participation rate effect, but also a growth effect. Life-cycle savings, investment deepening, foreign capital flows, and schooling … have all been greatly affected by the demographic transition. The paper discusses just how much of these positive growth …
Persistent link: https://www.econbiz.de/10015153858
Life cycle savings is proposed as one explanation for much of the increase in savings and economic growth in Asia. The … fertility which changes the age compositions and could thereby account for savings and growth in Asia. … association between the age composition of a nation's population and its savings rate, observed within 16 Asian countries from …
Persistent link: https://www.econbiz.de/10002592079
Persistent link: https://www.econbiz.de/10002532204
This paper shows how growth and demography, two important determinants of the savings rate in the life-cycle approach …, explain a large part of the diversity in savings behavior in Asia across eight countries as well as over time. Inflation and …
Persistent link: https://www.econbiz.de/10014396475
–2050 and analyzes their impact on economic growth in terms of the first and second demographic dividends computed from the … obtained from Japan and Malaysia, we calculate the magnitude of the impact of that dividend on macroeconomic growth in each of …
Persistent link: https://www.econbiz.de/10013328155
Persistent link: https://www.econbiz.de/10012821268
Life cycle savings is proposed as one explanation for much of the increase in savings and economic growth in Asia. The … fertility which changes the age compositions and could thereby account for savings and growth in Asia. … association between the age composition of a nation's population and its savings rate, observed within 16 Asian countries from …
Persistent link: https://www.econbiz.de/10011609371
Life cycle savings is proposed as one explanation for much of the increase in savings and economic growth in Asia. The … fertility which changes the age compositions and could thereby account for savings and growth in Asia … association between the age composition of a nation's population and its savings rate, observed within 16 Asian countries from …
Persistent link: https://www.econbiz.de/10013318826
(2012) to project the impact of population aging on developing Asia’s growth between 2021 and 2050. Our projections indicate …Developing Asia has grown faster than other parts of the world for decades. However, population aging is expected to … pose significant headwinds to the region’s future economic growth. We update and enhance the analysis of Park and Shin …
Persistent link: https://www.econbiz.de/10014333414
Persistent link: https://www.econbiz.de/10011617089