Age structure and the current account

Gudmundur S. Gudmundsson and Gylfi Zoega

Economics Letters, 2014, vol. 123, issue 2, 183-186

Abstract: We adjust current account surpluses and deficits of 57 countries in the period 2005–2009 for differences in the age structure of their populations and find that these differences can account for a significant part of the variation in the data. Among the large countries we find that the adjustment increases the surpluses of Germany and Japan while the surpluses of China, Singapore, Hong Kong, Korea, Thailand, Indonesia and Malaysia are significantly diminished.

Keywords: Current account; Age structure; Life-cycle behavior (search for similar items in EconPapers)
JEL-codes: E2 J1 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

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Working Paper: Age structure and the current account (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:123:y:2014:i:2:p:183-186

DOI: 10.1016/j.econlet.2014.02.001

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