Aging effects on consumption risk-sharing channels in European countries
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Song, Jeongseok | - |
dc.contributor.author | Ryu, Doojin | - |
dc.date.available | 2019-05-28T09:38:32Z | - |
dc.date.issued | 2018-12 | - |
dc.identifier.issn | 1331-8004 | - |
dc.identifier.issn | 1846-7520 | - |
dc.identifier.uri | https://scholarworks.bwise.kr/cau/handle/2019.sw.cau/18960 | - |
dc.description.abstract | This study tests the hypothesis that aging affects risk sharing via capital markets, federal governments, and credit markets. We apply the decomposition method to both simulated and European country data. For the simulation, we consider a simple overlapping-generations model and generate data that theoretically fit the model. Empirically, we apply the variance decomposition method using data from Europe. We find some evidence that aging has a significant effect on consumption risk-sharing via the credit market channel, whereas the results for other channels are mixed. With moderate reservations, our empirical results for Europe are consistent with the results derived from the simulated data. | - |
dc.format.extent | 33 | - |
dc.language | 영어 | - |
dc.language.iso | ENG | - |
dc.publisher | UNIV RIJEKA, FAC ECOMOMICS | - |
dc.title | Aging effects on consumption risk-sharing channels in European countries | - |
dc.type | Article | - |
dc.identifier.doi | 10.18045/zbefri.2018.2.585 | - |
dc.identifier.bibliographicCitation | ZBORNIK RADOVA EKONOMSKOG FAKULTETA U RIJECI-PROCEEDINGS OF RIJEKA FACULTY OF ECONOMICS, v.36, no.2, pp 585 - 617 | - |
dc.description.isOpenAccess | N | - |
dc.identifier.wosid | 000454542100008 | - |
dc.identifier.scopusid | 2-s2.0-85059327637 | - |
dc.citation.endPage | 617 | - |
dc.citation.number | 2 | - |
dc.citation.startPage | 585 | - |
dc.citation.title | ZBORNIK RADOVA EKONOMSKOG FAKULTETA U RIJECI-PROCEEDINGS OF RIJEKA FACULTY OF ECONOMICS | - |
dc.citation.volume | 36 | - |
dc.type.docType | Article | - |
dc.publisher.location | 크로아티아 | - |
dc.subject.keywordAuthor | European countries | - |
dc.subject.keywordAuthor | aging | - |
dc.subject.keywordAuthor | consumption risk sharing | - |
dc.subject.keywordAuthor | economic integration | - |
dc.subject.keywordAuthor | variance decomposition | - |
dc.subject.keywordPlus | POPULATION | - |
dc.subject.keywordPlus | GROWTH | - |
dc.subject.keywordPlus | RETIREMENT | - |
dc.subject.keywordPlus | PENSIONS | - |
dc.subject.keywordPlus | AVERSION | - |
dc.subject.keywordPlus | GERMANY | - |
dc.subject.keywordPlus | RUN | - |
dc.subject.keywordPlus | AGE | - |
dc.relation.journalResearchArea | Business & Economics | - |
dc.relation.journalWebOfScienceCategory | Business | - |
dc.relation.journalWebOfScienceCategory | Economics | - |
dc.description.journalRegisteredClass | ssci | - |
dc.description.journalRegisteredClass | scopus | - |
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.
84, Heukseok-ro, Dongjak-gu, Seoul, Republic of Korea (06974)02-820-6194
COPYRIGHT 2019 Chung-Ang University All Rights Reserved.
Certain data included herein are derived from the © Web of Science of Clarivate Analytics. All rights reserved.
You may not copy or re-distribute this material in whole or in part without the prior written consent of Clarivate Analytics.