Abstract
This article examines the impact of population age structure on the real exchange rate. Data on a panel of 22 OECD (Organization of Economic Cooperation and Development) countries over 1980–2015 period are used to estimate the empirical model. Using fixed effect model the paper finds that different age cohorts have a significant influence on the real exchange rates in the sample countries. The results are mostly consistent with the theoretical framework discussed in the paper and also with the findings of previous studies in this area. These results have important policy implications given the fact that the population is ageing in almost all the OECD economies these days.
Keywords
Citation
Hassan, K., Salim, R. and Bloch, H. (2020), "Population Age Structure and Real Exchange Rate in OECD Countries: An Empirical Analysis", Journal of International Logistics and Trade, Vol. 18 No. 1, pp. 33-48. https://doi.org/10.24006/jilt.2020.18.1.033
Publisher
:Emerald Publishing Limited
Copyright © 2020 Jungseok Research Institute of International Logistics and Trade
License
This is an Open-Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/4.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited