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dc.contributor.authorKenc, T.en_US
dc.contributor.authorSayan, S.en_US
dc.date.accessioned2016-02-08T10:34:58Z
dc.date.available2016-02-08T10:34:58Z
dc.date.issued2001en_US
dc.identifier.issn0161-8938
dc.identifier.urihttp://hdl.handle.net/11693/24830
dc.description.abstractInternational commodity and capital flows provide channels for the transmission of the effects of demographic changes in large countries onto small open economies by altering the prices and interest rates facing them. This implies that even small countries with relatively young populations are potentially vulnerable to the effects of population aging in large industrial economies. To address this issue, which has largely been overlooked in previous literature, this paper considers the case of European Union and Turkey and shows, within an overlapping generations general equilibrium framework, that spillovers of the demographic shock in Europe would intensify the changes that Turkey would experience during its own demographic transition. © 2001 Elsevier Science Inc.en_US
dc.language.isoEnglishen_US
dc.source.titleJournal of Policy Modelingen_US
dc.relation.isversionofhttp://dx.doi.org/10.1016/S0161-8938(01)00082-5en_US
dc.subjectDemographic shocks and aging populationsen_US
dc.subjectOverlapping generationsen_US
dc.subjectSimulation modelsen_US
dc.titleDemographic shock transmission from large to small countries: an overlapping generations CGE analysisen_US
dc.typeArticleen_US
dc.departmentDepartment of Economics
dc.citation.spage677en_US
dc.citation.epage702en_US
dc.citation.volumeNumber23en_US
dc.citation.issueNumber6en_US
dc.identifier.doi10.1016/S0161-8938(01)00082-5en_US
dc.publisherElsevier Inc.en_US
dc.identifier.eissn1873-8060


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