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The Impact of the Population Age Structure on the Response to Negative Asset Shocks

Katerina Koka

Economics Bulletin, 2015, vol. 35, issue 4, 2270-2281

Abstract: The objective of this study is to examine how the population age structure and demographics might arbitrate the effects of an unexpected negative shock on household savings. The focus is on transitional dynamics that result due to changes in the economy's aggregate demand and the role played by the age distribution of households at the time of the shock and over the transitional period. Simulation experiments are performed using population series of different demographic scenarios

Keywords: Asset shocks; Population Age structure (search for similar items in EconPapers)
JEL-codes: E2 J1 (search for similar items in EconPapers)
Date: 2015-10-16
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