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 |
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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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