Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/115527
Authors: 
Attanasio, Orazio
Bonfatti, Andrea
Kitao, Sagiri
Weber, Guglielmo
Year of Publication: 
2015
Series/Report no.: 
IDB Working Paper Series IDB-WP-586
Abstract: 
This paper studies the effect of demographic transitions on the economy of Latin America and the Caribbean (LAC). The paper builds a model of multi-regions of the world and derives the path of macroeconomic variables including aggregate output, capital, labor and the saving rate as economies face a rapid shift in demographics. The timing and the extent of the demographic transition differ across regions. The model is simulated under both closed economy and open economy assumptions to quantify the roles played by factor mobility across regions in shaping capital accumulation and equilibrium factor prices.
Subjects: 
Capital flows
Demographic trends
Latin America and the Caribbean (LAC)
JEL: 
E21
F21
F41
J11
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by-nc-nd/3.0/igo/legalcode
Document Type: 
Working Paper

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