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    Exploring the Relationship between population age structure and real exchange rate in OECD countries

    189497_72812_CHINA_PAPER_FULL.pdf (1.696Mb)
    Access Status
    Open access
    Authors
    Salim, Ruhul
    Hassan, Kamrul
    Date
    2012
    Type
    Conference Paper
    
    Metadata
    Show full item record
    Citation
    Salim, Ruhul and Hassan, Kamrul. 2012. Exploring the Relationship between population age structure and real exchange rate in OECD countries, in N Jahan (ed), Proceedings of the 5th Global Business and Social Science Research Conference, Jun 25-26 2012, pp. 1-30. Beijing, China: World Business Institute Australia.
    Source Title
    Proceedings of 5th global business and social science research conference
    Source Conference
    Global Business and Social Science Research Conference
    Additional URLs
    http://www.wbiconpro.com/201-Ruhul.pdf
    ISBN
    978-1-922069-06-1
    URI
    http://hdl.handle.net/20.500.11937/9630
    Collection
    • Curtin Research Publications
    Abstract

    This article examines the impact of population age structure on the real exchange rate. Data on a panel of 23 OECD countries over 1980-2009 period are used to estimate the empirical model. The results show that the shares of working age and old dependent population have significant appreciating effects while the share of young dependent has a significant depreciating effect on the real exchange rate. These results have important policy implications given the fact that population is aging in almost all the OECD economies these days.

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