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Quantifying Impact of Aging Population on Fiscal Space
Author/Editor: Seok Gil Park.
Release Date: June, 2012Price: $18.00
This paper quantitatively investigates how population aging trend affects fiscal space measured as unused revenue generating capacity by utilizing a standard neoclassical growth model. A calibration more...
Euro Area Policies : Selected Issues
Release Date: September, 2003Price: $15.00
An important aim of this paper is to take shifts in the long-term anchor in the empirical specifications. The study examines exchange-rate pass-through and external adjustment in the euro area. The more...