Demographics and the current account
Miriam Rinawi () and
Authors registered in the RePEc Author Service: Miriam Koomen
Aussenwirtschaft, 2018, vol. 69, issue 01, 45-76
This paper investigates the relationship between demographics and the current account. We analyze the impact of recent demographic changes and provide a forecast of its future impact. Overall, we find a strong and robust, non-linear demographic effect. In particular, we find a positive association between the current account and the share of a population’s prime-age individuals and a negative association with the share of the elderly. Our forecast suggests that, given the dramatically aging population in most industrialized countries, demographics will likely decrease the current account balance in the near future in those countries.
Keywords: demography; aging; current account; savings (search for similar items in EconPapers)
JEL-codes: F11 F32 F41 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:usg:auswrt:2018:69:01:45-76
Access Statistics for this article
More articles in Aussenwirtschaft from University of St. Gallen, School of Economics and Political Science, Swiss Institute for International Economics and Applied Economics Research Contact information at EDIRC.
Bibliographic data for series maintained by Stefan Legge ().