Financing Consumption in an Aging Japan: The Role of Foreign Capital Inflows in Immigration
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https://www.nber.org/papers/w10781
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We project the impact of demographic change on Japanese capital flows by simulating the impact of population aging on Japanese saving and investment rates. As aging depresses saving rates, in our baseline projections, we show that by 2015, foreign capital inflows will comprise about 15 percent of
提供机构：
美国国家经济研究局
创建时间：
2004-09-01
