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Vinsamlegast notið þetta auðkenni þegar þið vitnið til verksins eða tengið í það: http://hdl.handle.net/1946/30315

Titill: 
  • Titill er á ensku The Effect of Age Structure on Iceland's Current Account Balance
  • Áhrif aldursdreifingar á viðskiptajöfnuð Íslands
Námsstig: 
  • Bakkalár
Leiðbeinandi: 
Útdráttur: 
  • This paper seeks to establish the relationship between Iceland’s current account and changing dependency rates between 1945 and 2015, with regard to the predictions of Modigliani and Brumberg’s life-cycle hypothesis. The period in question is split into smaller segments, with the splits being made with respect to different degrees of trade and capital restrictions during Iceland’s turbulent economic history. The relationship between youth and elderly dependency rates and the current account is then estimated through both simple correlation calculations, and least-squares regression analysis. The results reveal the relationship to be weak, but negative, and thus in line with the life-cycle hypothesis. However, the dynamics of Iceland’s current account balance appear to dominated by movements in the real exchange rate.

Samþykkt: 
  • 14.5.2018
URI: 
  • http://hdl.handle.net/1946/30315


Skrár
Skráarnafn Stærð AðgangurLýsingSkráartegund 
SKA_BS_final.pdf757.5 kBOpinnHeildartextiPDFSkoða/Opna
yfirlysingSKA.pdf608.25 kBLokaðurYfirlýsingPDF