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POPULATION AGING AND INTERNATIONAL CAPITAL FLOWS
David Domeij () and
Martin Floden ()
International Economic Review , 2006, vol. 47, issue 3, pages 1013-1032
Abstract:
We use the neoclassical growth framework to model international capital flows in a world with exogenous demographic change. We compare model implications and actual current account data and find that the model explains a small but significant fraction of capital flows between OECD countries, in particular after 1985. Copyright 2006 by the Economics Department Of The University Of Pennsylvania And Osaka University Institute Of Social And Economic Research Association.
Date: 2006
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Related works: Working Paper: Population Ageing and International Capital Flows (2004) Working Paper: Population Aging and International Capital Flows (2004) Working Paper: Population Aging and International Capital Flows (2004) This item may be available elsewhere in EconPapers: Search for items with the same title.
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Persistent link: http://EconPapers.repec.org/RePEc:ier:iecrev:v:47:y:2006:i:3:p:1013-1032
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