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Population Aging and International Capital Flows
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- Domeij, David (author)
- Stockholm School of Economics,Handelshögskolan i Stockholm
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- Flodén, Martin (author)
- Stockholm School of Economics,Handelshögskolan i Stockholm
- (creator_code:org_t)
- Stockholm : Economic Research Institute, 2003
- English.
- Other publication (other academic/artistic)
Abstract
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- 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 particular after 1985. JEL classification: E22; F21; F41; F47
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
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- vet (subject category)
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- Stockholm School of Economics
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