Arbeitspapier
Population structure and consumption growth: Evidence from National Transfer Accounts
We assess the impact of population structure on economic growth. Following recent research, we focus on the generational turnover as a key driver of consumption growth. We characterize the impact of the average birth and death rates on the generational turnover, depending on the age-profile of consumption and on the extent of annuity market imperfection. Using recent data from the National Transfer Accounts on consumption profiles for a number of countries, we assess in a comparative way the sign and magnitude of generational turnover and its impact on consumption growth. We find considerable cross-country variation and trace it back to differences in demographic rates and in the consumption structure.
- Sprache
-
Englisch
- Erschienen in
-
Series: Vienna Institute of Demography Working Papers ; No. 3/2015
- Klassifikation
-
Wirtschaft
- Thema
-
demography
economic growth
generational turnover
National Transfer Accounts
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kuhn, Michael
Prettner, Klaus
- Ereignis
-
Veröffentlichung
- (wer)
-
Austrian Academy of Sciences (ÖAW), Vienna Institute of Demography (VID)
- (wo)
-
Vienna
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Kuhn, Michael
- Prettner, Klaus
- Austrian Academy of Sciences (ÖAW), Vienna Institute of Demography (VID)
Entstanden
- 2015
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