Premium
POPULATION AGE STRUCTURE, SAVING, CAPITAL FLOWS AND THE REAL EXCHANGE RATE: A SURVEY OF THE LITERATURE
Author(s) -
Hassan AFM,
Salim Ruhul,
Bloch Harry
Publication year - 2011
Publication title -
journal of economic surveys
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.657
H-Index - 92
eISSN - 1467-6419
pISSN - 0950-0804
DOI - 10.1111/j.1467-6419.2010.00665.x
Subject(s) - economics , capital flows , age structure , exchange rate , population , point (geometry) , capital (architecture) , population ageing , monetary economics , demographic economics , macroeconomics , econometrics , geography , microeconomics , demography , profit (economics) , geometry , mathematics , archaeology , sociology
This paper surveys the existing literature on the effects of population age structure on saving, capital flows and the real exchange rate. We build on previous surveys of age structure and saving behaviour by including extensive discussion of international linkages, specifically the impact on capital flows and real exchange rates. We also point to unresolved issues that need to be addressed given that population aging has serious policy implications in the developed economies these days.