| Title |
The effects of ageing on household consumption in Central and Eastern Europe / |
| Authors |
Michnevič, Karol |
| Full Text |
|
| Is Part of |
Journal of international scientific publications: economy & business.. Burgas : Info Invest. 2016, Vol. 10, p. 273-287.. ISSN 1314-7242 |
| Keywords [eng] |
consumption ; demographic trends ; ageing |
| Abstract [eng] |
Recent shortcomings in consumption-oriented stimulus measures in the EU point to demographic trends as a possible explanation of lacklustre growth. The author studies changes in the age composition of CEE countries over time and their effects on household consumption using a force-fitted polynomial model. A strong negative link is found between the proportion of the population aged 65+ and the level of household consumption. The paper’s findings are expected to help augment current macroeconomic analysis techniques used by researchers and public institutions with a demographic component. |
| Published |
Burgas : Info Invest |
| Type |
Journal article |
| Language |
English |
| Publication date |
2016 |
