Economic Implications of China's Demographics in the 21st Century /

This study assesses the economic implications of China's changing population in the 21st century using a numerical general equilibrium model. The simulations show that lower fertility rates yield lower saving rates. Since lower fertility rates reduce the future supply of labor, capital will bec...

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Bibliographic Details
Main Author: Cheng, Kevin
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2003.
Series:IMF Working Papers; Working Paper ; No. 2003/029
Online Access:Full text available on IMF