Series: IMF Working Papers
Author(s): Mai Chi Dao , and Callum Jones
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 December 2018
Keywords: Pensions, Demographic indicators, Current account balances, Current account surpluses, Capital flows, Aging, Demographics, Current Account Flows, External Imbalances, General
Building on the evolving literature on the topic, this paper reviews the relationship between demographics and long-run capital flows in both theory and in the data. For this purpose, we develop a two region overla...