Ageing, Pension Reform and Capital Flows: A Multi‐Country Simulation Model

On the mechanics of economic development

1988 • 22,571 citations

A Mathematical Theory of Saving

1928 • 5,698 citations

The equity premium: A puzzle

1985 • 5,686 citations

World Population Prospects The 2006 Revision

2007 • 5,400 citations

A General Equilibrium Approach To Monetary Theory

1969 • 5,176 citations

An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money

1958 • 3,510 citations

Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela

1999 • 3,439 citations

Foundations of International Macroeconomics

1997 • 3,316 citations

Uncertain Lifetime, Life Insurance, and the Theory of the Consumer

1965 • 3,214 citations

Domestic Saving and International Capital Flows

1980 • 2,813 citations

Tobin's Marginal q and Average q: A Neoclassical Interpretation

1982 • 2,664 citations

Optimum Growth in an Aggregative Model of Capital Accumulation

1965 • 2,187 citations

THE LIFE CYCLE HYPOTHESIS OF SAVING: AGGREGATE IMPLICATIONS AND TESTS

1963 • 2,037 citations

Dynamic Fiscal Policy.

1989 • 1,937 citations

The determinants of cross-border equity flows

2004 • 1,673 citations

Demographic Transitions and Economic Miracles in Emerging Asia

1998 • 1,323 citations

Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data

2013 • 1,219 citations

The Equity Premium: It's Still a Puzzle

1996 • 882 citations

Foundations of International Macroeconomics

1996 • 805 citations

The Six Major Puzzles in International Macroeconomics: Is There a Common Cause?

2000 • 710 citations

Mortality Risk and Bequests

1989 • 708 citations

Explaining saving-investment correlations

1993 • 690 citations

Investor Diversification and International Equity Markets

1991 • 550 citations

Sustaining Fiscal Policy through Immigration

2000 • 547 citations

An Aging Society: Opportunity or Challenge?

1990 • 497 citations

Simulating Fundamental Tax Reform in the United States

2001 • 496 citations

World Development Indicators 2003

2003 • 461 citations

Capital mobility in the world economy: Theory and measurement

1986 • 444 citations

Baby Boom, Population Aging, and Capital Markets

1994 • 416 citations

Demographic Structure and Asset Returns

2001 • 413 citations

Demography, National Savings, and International Capital Flows

1998 • 392 citations

Post Keynesian Economics

1996 • 380 citations

The "Life-Cycle" Hypothesis of Saving

2005 • 362 citations

Life-Cycle Economies and Aggregate Fluctuations

1996 • 337 citations

Why Should Older People Invest Less in Stocks Than Younger People?

1996 • 334 citations

Modelling the Impact of Demographic Change Upon the Economy

1999 • 299 citations

6. International Capital Mobility in the 1990s

1995 • 298 citations

The Feldstein-Horioka puzzle and capital mobility: a review

1998 • 268 citations

Projected U.S. Demographics and Social Security

1999 • 268 citations

Time Preference and International Lending and Borrowing in an Overlapping-Generations Model

1981 • 256 citations

The Effects of a Baby Boom on Stock Prices and Capital Accumulation in the Presence of Social Security

2003 • 218 citations

Migration and pension with international capital mobility

1999 • 190 citations

Post-Keynesian Economics

1987 • 177 citations

New and Old Models of Business Investment: A Comparison of Forecasting Performance

1995 • 161 citations

Computing equilibrium in OLG models with stochastic production

2003 • 160 citations

Tobin's Marginal q and Average a: A Neoclassical Interpretation

1981 • 160 citations

International patterns of pension provision

2000 • 158 citations

Privatizing Social Security in the United States—Comparing the Options

1999 • 155 citations

Population Aging and Global Capital Flows in a Parallel Universe

2003 • 152 citations

POPULATION AGING AND INTERNATIONAL CAPITAL FLOWS*

2006 • 145 citations

Social security and institutions for intergenerational, intragenerational, and international risk-sharing

1999 • 142 citations

Will Bequests Attenuate the Predicted Meltdown in Stock Prices When Baby Boomers Retire?

2001 • 135 citations

Privatizing Social Security

1999 • 115 citations

Population Changes and Capital Accumulation: The Aging of the Baby Boom

2001 • 109 citations

Pension Reform during the Demographic Transition

2000 • 109 citations

Asset-Market Effects of the Baby Boom and Social-Security Reform

2002 • 109 citations

Population Growth and Economic Development: Issues and Evidence.

1987 • 103 citations

Testing for uniform wage trends in West-Germany: A cohort analysis using quantile regressions for censored data

2002 • 85 citations

Pension Reform, Capital Markets and the Rate of Return

2003 • 84 citations

EXPLAINING SAVING/INVESTMENT CORRELATION

1990 • 82 citations

Population Growth and Economic Development: Issues and Evidence.

1988 • 81 citations

The Developed World's Demographic Transition - the Roles of Capital Flows, Immigration, and Policy

2003 • 79 citations

Social Security Money's Worth

1998 • 79 citations

The Role of Immigration in Dealing with the Developed World's Demographic Transition

2004 • 77 citations

Risk sharing and transition costs in the reform of pension systems in Europe

1999 • 74 citations

Junior Can't Borrow: A New Perspective on the Equity Premium Puzzle

2000 • 72 citations

What Will Happen to Financial Markets When the Baby Boomers Retire?

2000 • 71 citations

Aging, Pension Reform, and Capital Flows: A Multi-Country Simulation Model

2005 • 69 citations

Population and economic development

1999 • 68 citations

Should the Social Security Trust Fund Hold Equities? An Intergenerational Welfare Analysis

1999 • 67 citations

Funding social security through Pareto-optimal conversion policies

1993 • 60 citations

Pensions, Savings and Capital Flows

2000 • 52 citations

The Gauss–Seidel–quasi-Newton method: A hybrid algorithm for solving dynamic economic models

2006 • 52 citations

Domestic Saving and International Capital Flows Reconsidered

1994 • 52 citations

Ageing and International Capital Flows

2002 • 50 citations

Testing for uniform wage trends in West-Germany: A cohort analysis using quantile regressions for censored data

2001 • 48 citations

Capital Flows Among the G-7 Nations: A Demographic Perspective

2003 • 47 citations

Ageing, Financial Markets and Monetary Policy

2002 • 43 citations

The Demographic Transition in Closed and Open Economies: A Tale of Two Regions

2000 • 42 citations

Population Aging, Savings Behavior and Capital Markets

2001 • 42 citations

Aging and International Capital Flows

2002 • 41 citations

The Role of Immigration in Dealing with the Developed WorldAS Demographic Transition

2004 • 40 citations

Social Security: National Policies with International Implications

1999 • 38 citations

Pensions, savings and capital flows : from ageing to emerging markets

2000 • 38 citations

Population Aging and Global Capital Flows in a Parallel Universe

2000 • 37 citations

Savings: the policy debate in Europe

2001 • 35 citations

Capital productivity and the nature of competition

1997 • 33 citations

The Impact of Population Aging on Savings, Investment and Growth in the OECD Area

1995 • 31 citations

Can Market and Voting Institutions Generate Optimal Intergenerational Risk Sharing?

2001 • 31 citations

Demographics and social security.

1993 • 29 citations

Pension reform, savings behavior, and capital market performance

2005 • 29 citations

National and international privatisation of pensions

2000 • 29 citations

POPULATION AGEING AND INTERNATIONAL CAPITAL FLOWS

2004 • 26 citations

Welfare and Macroeconomic Effects of the German Pension Acts of 1992 and 1999: A Dynamic CGE Study

2002 • 22 citations

Aging, Pension Reform, and Capital Flows:

2004 • 22 citations

The Reform of Pension Systems: Winners and Losers Across Generations in the United Kingdom and Germany

2000 • 20 citations

The A-K Model: It's Past, Present, and Future

1998 • 20 citations

Macroeconomic consequences of pension reforms in Europe: an investigation with the INGENUE world model

2001 • 17 citations

Sind die Probleme der Bevölkerungsalterung durch eine höhere Geburtenrate lösbar?

2004 • 15 citations

COMPARING THE OPTIONS

2005 • 13 citations

The Demographic Transition in Closed and Open Economies: A Tale of Two Regions

2000 • 11 citations

Funded and Unfunded Pension Schemes: Risk, Return and Welfare

2000 • 10 citations

Demographic Change, Foresight and International Capital Flows

2003 • 9 citations

Can Investments in Emerging Markets Help to Solve the Aging Problem?

2000 • 9 citations

The Crisis of Germany’s Pension Insurance System and How It Can Be Resolved

2003 • 7 citations

Improving Tatonnement Methods for Solving Heterogeneous Agent Models

2004 • 6 citations

Die Rolle von Direktinvestitionen bei der regionalen Entwicklung eines alternden Europas

1995 • 6 citations

The Dynamics of an Aging Population: The Case of Four OECD Countries

1989 • 5 citations

Improving Tatonnement Methods of Solving Heterogeneous Agent Models

2004 • 4 citations

Taxing Wages 2000

2001 • 3 citations

Deleted Work

1955 • 0 citations