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http://hdl.handle.net/10419/56288
  
Title:Population aging and international capital flows PDF Logo
Authors:Domeij, David
Floden, Martin
Issue Date:2003
Series/Report no.:SSE/EFI Working Paper Series in Economics and Finance 539
Abstract:We use the neoclassical growth framework to model international capital flows in an economy with exogenous demographic change. We compare model implications and actual current account data and find that the model explains a small but significant fraction of capital flows between OECD countries, in particular after 1985.
Subjects:current account
international capital mobility
demographics
Feldstein-Horioka puzzle
JEL:E22
F21
F41
F47
Document Type:Working Paper
Appears in Collections:SSE/EFI Working Paper Series in Economics and Finance, EFI - The Economic Research Institute, Stockholm School of Economics

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