Ageing will have an impact on both savings and investment, potentially leading to substantial international capital flows. This CPB Document provides a comprehensive overview, by considering various questions. What are the differences in the demographic process of ageing across countries? Does ageing lead to a capital outflow? How mobile is capital? What are the effects of a lower rate of return on (pension) savings?

Casper van Ewijk

Erik Canton

Paul Tang

English

Research Papers in Economics

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Ageing and international capital flows

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Ageing and international capital flows

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Research Papers in Economics