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dc.contributor.authorGuest, Rossen_US
dc.contributor.authorMcDonald, Ian M.en_US
dc.date.accessioned2017-05-03T11:35:27Z
dc.date.available2017-05-03T11:35:27Z
dc.date.issued2001en_US
dc.date.modified2008-02-14T07:14:34Z
dc.identifier.issn00130249en_US
dc.identifier.urihttp://hdl.handle.net/10072/16631
dc.description.abstractMaking allowance for the ageing structure of the population, this paper calculates the levels of optimal national saving and future living standards for Australia for the period 1999-2050. For this period, the optimal saving response to the ageing of the Australian population is for national saving to increase from its current level by 2.7 per cent of GDP by the year 2017 and then to decline to the year 2050. The implied growth of living standards is 1.20 per cent per year. Reduced immigration would reduce the rate of growth of living standards but reduced fertility would not.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_AU
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherThe Economic Society of Australiaen_US
dc.publisher.placeCanberraen_US
dc.relation.ispartofpagefrom117en_US
dc.relation.ispartofpageto134en_US
dc.relation.ispartofissue237en_US
dc.relation.ispartofjournalEconomic Recorden_US
dc.relation.ispartofvolume77en_US
dc.subject.fieldofresearchcode340299en_US
dc.titleAgeing, optimal national saving and future living standards in Australiaen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.facultyGriffith Business School, Department of Accounting, Finance and Economicsen_US
gro.date.issued2001
gro.hasfulltextNo Full Text


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