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    Age structure and the current account

    Gudmundsson, G.S. and Zoega, Gylfi (2013) Age structure and the current account. Working Paper. Birkbeck, University of London, London, UK.

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    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.


    Item Type: Monograph (Working Paper)
    Additional Information: BWPEF 1307
    Keyword(s) / Subject(s): Current account, age structure, life-cycle saving behavior
    School: Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School
    Depositing User: Administrator
    Date Deposited: 25 Mar 2019 14:18
    Last Modified: 02 Aug 2023 17:50


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