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Opis

Over the next several decades, it is projected that §there will be an unprecedented aging of the §population in all developed countries. During this §demographic transition, the changing age structure §of each of these countries will have macroeconomic §consequences. If countries age at different rates, §the returns to the factors of production in those §countries may diverge. Where this occurs, §international capital and labor flows might occur in §order to take advantage of these differences. This §could take the form of either immigration or §international capital flows. Such flows have the §potential to ameliorate the fiscal burden of an §aging society. However, while the welfare gains §from factor flows can be significant, they appear to §be less effective at offsetting the welfare effects §of an aging society than increasing the retirement §age.

Szczegóły książki

Kategoria Książki po angielsku Economics, finance, business & management Economics

• Pełny tytuł: Macroeconomic Impact of an Aging Society
• Autor: Daniel Mulino
• Język: Angielski
• Oprawa: Miękka
• Liczba stron: 136
• EAN: 9783639084498
• ISBN: 3639084497
• ID: 06817634
• Wydawca: VDM Verlag Dr. Mueller E.K.
• Waga: 191 g
• Wymiary: 229 × 152 × 7 mm
• Data wydania: 24. October 2008

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