agingHousehold SavingInternational Capital FlowsWe investigate the importance of worldwide demographic evolutions in shaping capital flows across countries and over time. Our lifecycle model incorporates crosBarany, ZsofiaCoeurdacier, NicholasGuibaud, Stéphane...
In order to quantify these ef-fects, we develop a computational general equilibrium model. We feed this multi-country overlapping generations model with detailed long-term demographic projections for seven world regions. Our simulations indicate that capital flows from fast-aging regions to the rest ...
that Japan's capital outflows have as much to do with population aging as with the yen carry-trade; and that China is key to understanding Asia's ... Erik,Lueth - 《Korea & the World Economy》 被引量: 37发表: 2008年 Population Aging and Global Capital Flows in a Parallel Universe Th...
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 ...
(or machine) coding the information; or, responder wariness toward the survey instrument might lead to inaccurate data. Another example is in the measurement of school quality: a year of schooling from an Ivy League college might be very different than a year of schooling from the local junior...
Net present value (NPV): The value of all future cash flows, positive and negative, over the entire life of an investment discounted to the present.NPV = today’s value of the expected cash flows − today’s value of invested cash Internal rate of return (IRR): Used in financial analy...
Between Lake Huron and Lake Erie, in the southeast, the Lower Peninsula is separated from the Canadian province of Ontario by Lake St. Clair and the St. Clair and Detroit rivers. The St. Marys River, which flows from Lake Superior to Lake Huron, forms the international boundary between the...
Contributing factors to continuous flows of FDI into the Southeast Asian country in general and bigger FDI realized capital in particular include stable, favorable investment and business climate, effective investment promotion campaigns at home and abroad, low labor cost, basic containment of COVID-19...
Overall, global gross capital inflows declined to 4.4% of global GDP, or $4.2 trillion, in the 2022-2023 period, from 5.8 percent of global GDP, or $4.5 trillion, in 2017-2019. The IMF said this partly reflects a retrenchment of capital flows, with foreigners buying fe...
A capital account is important because it shows the flow of investment (both public and private)in and out of a country. If more investment flows out of a country, the capital account is in deficit; if more flows in, it's a surplus. Ideally, a country would prefer a surplus, as it...