I solve an overlapping generations model with stochastic birth and death rates in general
equilibrium. I provide sufficient conditions so that the interest rate is decreasing in the birth …

This study adopts the textual network to describe the coordination among the interplay of
words, where nodes represent words and nodes are connected if the corresponding words …

In 2018, the China-US trade dispute started, which brings heterogeneous impacts on the
global economy. The purpose of this paper is to examine the effects of tariffs targeting …

Demographic transition has already become a major issue in the recent decades. Lower
fertility rate and higher expected life length result in population aging. Most developed …

Impact des évolutions démographiques sur l'épargne et les marchés financiers | Cairn.info
Cairn.info, Matières à réflexion Cairn.info, Matières à réflexion Aucune suggestion trouvée …

In this paper, I find that the long-run, secular moves of the MY ratio, the ratio of middle-aged
to young, is related to the long-run, secular moves of the S&P 500 from 1950 to 2020. I focus …