Age structure and the current account
Gudmundur S. Gudmundsson and
Gylfi Zoega
Additional contact information
Gudmundur S. Gudmundsson: Universitat Pompeu Fabra
No 1307, Birkbeck Working Papers in Economics and Finance from Birkbeck, Department of Economics, Mathematics & Statistics
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 saving behavior. (search for similar items in EconPapers)
JEL-codes: E2 J1 (search for similar items in EconPapers)
Date: 2013-11
New Economics Papers: this item is included in nep-age, nep-mac, nep-opm and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://eprints.bbk.ac.uk/id/eprint/26865 First version, 2013 (application/pdf)
Related works:
Journal Article: Age structure and the current account (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bbk:bbkefp:1307
Ordering information: This working paper can be ordered from
Access Statistics for this paper
More papers in Birkbeck Working Papers in Economics and Finance from Birkbeck, Department of Economics, Mathematics & Statistics Malet Street, London WC1E 7HX, UK.
Bibliographic data for series maintained by ( this e-mail address is bad, please contact ).