Trade surpluses and life-cyce saving behaviour

Herbertsson, T. and Zoega, Gylfi (2000) Trade surpluses and life-cyce saving behaviour. Economics Letters 65 (2), pp. 227-237. ISSN 0165-1765.

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Official URL: https://doi.org/10.1016/S0165-1765(99)00148-2

Abstract

The national-income account identity and the life-cycle theory of consumption together imply that the current account should be a function of the age structure. A country with a high proportion of young and retired should have current account deficits. Using a panel of 84 countries, we find empirical support for this hypothesis.

Metadata

Item Type:	Article
School:	Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School
Depositing User:	Sarah Hall
Date Deposited:	01 Dec 2020 19:34
Last Modified:	02 Aug 2023 18:06
URI:	https://eprints.bbk.ac.uk/id/eprint/41929

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