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    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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    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.


    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


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