Demographics, Old-Age Transfers and the Current Account

Demographics, Old-Age Transfers and the Current Account
Building on the evolving literature on the topic, this paper reviews the relationship between demographics and long-run capital flows in both theory and in the data. For this purpose, we develop a two region overlapping generations model where countries differ in their population growth and mortality risk. Besides exploring the implications of... READ MORE...

Publication date: December 2018
ISBN 9781484385906
$18.00

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