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150128 ||| eng |
020 |
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|a 9781451973068
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245 |
0 |
0 |
|a IMF Staff papers, Volume 37 No. 3
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 1990
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300 |
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|a 292 pages
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651 |
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4 |
|a United States
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653 |
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|a Interest rates
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653 |
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|a Inflation
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653 |
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|a Wealth
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653 |
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|a Finance
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653 |
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|a Monetary economics
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653 |
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|a Currency; Foreign exchange
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653 |
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|a Saving
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653 |
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|a Financial services
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653 |
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|a Real interest rates
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653 |
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|a Deflation
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653 |
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|a Purchasing power parity
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653 |
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|a Exports and Imports
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653 |
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|a General Financial Markets: General (includes Measurement and Data)
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653 |
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|a International economics
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653 |
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|a National accounts
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653 |
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|a Derivative securities
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653 |
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|a Foreign Exchange
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653 |
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|a Price Level
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653 |
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|a Saving and investment
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653 |
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|a Banks and Banking
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653 |
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|a Prices
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653 |
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|a Macroeconomics
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653 |
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|a Macroeconomics: Consumption
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653 |
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|a Real exchange rates
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653 |
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|a Interest Rates: Determination, Term Structure, and Effects
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653 |
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|a Exchange rates
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653 |
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|a Finance: General
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653 |
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|a Foreign exchange
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653 |
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|a Private savings
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710 |
2 |
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|a International Monetary Fund
|b Research Dept
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041 |
0 |
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|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
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|a IMF Staff Papers
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028 |
5 |
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|a 10.5089/9781451973068.024
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856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/024/1990/003/024.1990.issue-003-en.xml?cid=30842-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a This paper analyzes macroeconomic effects of projected population aging in industrial countries. The effects of population aging are examined with a theoretical model and simulations of the IMF’s multiregion econometric model (MULTIMOD). The study highlights that an older population will consume more of aggregate disposable income, require higher government expenditure, and decrease labor supply. These effects should raise real interest rates and lower capital stock and output. Effects on current balances will depend on the relative speed and extent of aging
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