scholarly journals Exploring Determinants Of U.S. Household Debt

2011 ◽  
Vol 27 (6) ◽  
pp. 85 ◽  
Author(s):  
Erin Turinetti ◽  
Hong Zhuang
Keyword(s):  
Housing Prices ◽  
Consumer Confidence ◽  
Household Debt ◽  
Policy Makers ◽  
Factors Influencing ◽  
Working Age ◽  
Per Capita ◽  
Working Age Population ◽  
Household Borrowing ◽  
The U.S

The fast growing household debt in the U.S. has become a concern to the general public and policy makers. This paper attempts to explore the factors influencing the U.S. household indebtedness using quarterly data over the period of 1980-2010 and controlling for the time series issues. The estimated results show that the unemployment rate, interest rate, disposable personal income per capita, share of retiring population, and educational attainment are negatively associated with the household debt, while housing prices, consumer confidence, and the share of working-age population are positively related to the household borrowing.

scholarly journals Racial Disparity of Eye Examinations Among the U.S. Working-Age Population With Diabetes: 2002–2009

Diabetes Care ◽  
2014 ◽  
Vol 37 (5) ◽  
pp. 1321-1328 ◽  
Author(s):  
Qian Shi ◽  
Yingnan Zhao ◽  
Vivian Fonseca ◽  
Marie Krousel-Wood ◽  
Lizheng Shi
Keyword(s):  
Racial Disparity ◽  
Working Age ◽  
Working Age Population ◽  
The U.S

scholarly journals Demographic Change and Economic Growth in India

2021 ◽  
Author(s):  
Neha Jain ◽  
Srinivas Goli
Keyword(s):  
Capita Income ◽  
Annual Growth Rate ◽  
Window Of Opportunity ◽  
Demographic Dividend ◽  
Per Capita Income ◽  
Employment Opportunities ◽  
Gender Empowerment ◽  
Working Age ◽  
Per Capita ◽  
Working Age Population

In this paper, we assess the economic benefits of demographic changes in India by employing econometric models and robustness checks based on panel data gathered over a period of more than three decades. Our analysis highlights four key points. First, the contribution of India’s demographic dividend is estimated to be around 1.9 percentage points out of 12% average annual growth rate in per capita income during 1981–2015. Second, India’s demographic window of opportunity began in 2005, significantly improved after 2011, and will continue till 2061. Third, our empirical analysis supports the argument that the realisation of the demographic dividend is conditional on a conducive policy environment with enabling aspects such as quality education, good healthcare, decent employment opportunities, good infrastructure, and gender empowerment. Fourth, the working-age population in India contributes around one-fourth of the inequality in per capita income across states. Thus, to reap the maximum dividends from the available demographic window of opportunity, India needs to work towards enhancing the quality of education and healthcare in addition to providing good infrastructure, gender empowerment, and decent employment opportunities for the growing working-age population.

scholarly journals Mental health and employment: much work still to be done

2009 ◽  
Vol 194 (3) ◽  
pp. 201-203 ◽  
Author(s):  
Samuel B. Harvey ◽  
Max Henderson ◽  
Paul Lelliott ◽  
Matthew Hotopf
Keyword(s):  
Mental Health ◽  
Mental Illness ◽  
Mental Health Services ◽  
Health Services ◽  
Sickness Absence ◽  
High Income ◽  
Social Costs ◽  
Policy Makers ◽  
Working Age ◽  
Working Age Population

SummaryMental illness is now the leading cause of both sickness absence and incapacity benefits in most high-income countries. The rising economic and social costs make health and work an increasing priority for policy makers. We discuss the findings from Dame Carol Black's recent review of the health of Britain's working-age population and examine how her recommendations may impact and challenge mental health services.

scholarly journals U.S. Interest Rate and Household Debt Sustainability: The Case of Korea

2019 ◽  
Vol 11 (14) ◽  
pp. 3759
Author(s):  
Jong Chil Son ◽  
Hail Park
Keyword(s):  
Interest Rates ◽  
Gradual Increase ◽  
Housing Prices ◽  
Rapid Expansion ◽  
Household Debt ◽  
Debt Sustainability ◽  
Vector Autoregression Model ◽  
Autoregression Model ◽  
Vulnerable Households ◽  
The U.S

This paper revisits the issue of household debt sustainability in Korea responding to changes in U.S. interest rates. We investigate not only the transmission channels from U.S. interest rates to domestic interest rates, using the Bayesian VAR (vector autoregression) model, but also the issue of identifying households that are vulnerable in terms of their debt repayments, and we execute projections for the upcoming years given conditional forecasts and various macroeconomic scenarios. The estimation results indicate that first, the domestic policy rate will likely increase and then stagnate conditionally on the path of the U.S. policy rates. Second, the ratios of vulnerable households over total indebted households, which has been growing since 2012, will likely expand mildly over the upcoming years given an approximately 1.6%p gradual increase in interest rates and stable macroeconomic environments. Finally, however, the projected trend of domestic interest rates can cause a rapid expansion in the ratios of vulnerable households, in conjunction with a series of combined negative shocks such as highly concentrated principal repayment schedules, sharp declines in housing prices, and the occurrence of a crisis.

scholarly journals A Comparative Analysis of Residential Energy Consumption in Urban and Rural China: Determinants and Regional Disparities

2018 ◽  
Vol 15 (11) ◽  
pp. 2507 ◽  
Author(s):  
Feng Dong ◽  
Bolin Yu ◽  
Yifei Hua ◽  
Shuaiqing Zhang ◽  
Yue Wang
Keyword(s):  
Energy Consumption ◽  
Income Level ◽  
Regional Disparities ◽  
Dependency Ratio ◽  
Residential Energy ◽  
Residential Energy Consumption ◽  
Average Temperature ◽  
Working Age ◽  
Per Capita ◽  
Working Age Population

Residential energy consumption (REC) has become increasingly important in constructing an energy-saving and environment-friendly society in China. The main purpose of this study is to provide a more in-depth analysis of the determinants of REC from an urban-rural segregation perspective, and quantify the contributions of individual determinants to the regional disparities of REC. Based on the extended STIRPAT (the stochastic impacts by regression on population, affluence, and technology) model, seemingly unrelated regression (SUR) estimation is employed to examine the impacts of various determinants of urban REC per capita (URECP) and rural REC per capita (RRECP) in a sample of China’s 30 provinces over the period 2007–2016. Then, following the results of SUR, this paper tries to explore the reasons for interprovincial disparities of URECP and RRECP by using the Shapley value decomposition. The empirical results show that income level and heating lead to an increase in URECP, while other factors, including the share of natural gas, average temperature, child dependency ratio and gross dependency ratio, significantly decrease URECP. In terms of RRECP, it is shown that old-age dependency ratio, income level and the share of coal consumption positively influence RRECP, while average temperature has a negative effect on RRECP. Specially, the effect of gross dependency ratio on RRECP is positive, indicating the non-working-age population causes more energy use than the working-age population in rural areas. According to the Shapley decomposition, rather than social-economic variables, climate and heating factors contribute the most to the interprovincial differences in URECP. Furthermore, it is found that income level is the most important factor accounting for inter-provincial differences in RRECP. The findings of this research are of great interest, not only to scholars in REC-related fields, but also to decision makers.

scholarly journals Demographic Change and Private Savings in India

2021 ◽  
Author(s):  
Neha Jain ◽  
Srinivas Goli
Keyword(s):  
Gender Equity ◽  
State Level ◽  
Economic Life ◽  
Economic Policies ◽  
Multiple Sources ◽  
Indian States ◽  
Working Age ◽  
Private Savings ◽  
Per Capita ◽  
Working Age Population

India is on the edge of a demographic revolution with a rapidly rising working-age population. For the first time in this study, we investigate the role of the rising working-age population on per capita small savings in post offices and banks net of socio-economic characteristics using state-level panel data compiled from multiple sources for the period 2001-2018. Our comprehensive econometric assessment with multiple robustness checks provide three key findings: (1) Per capita private savings is increasing because of India’s growing working-age population, thus the ‘economic life cycle hypothesis’ is supported. (2) The demographic factors contribute around one-fourth of the per capita private savings inequality across Indian states. (3) The demographic window of economic opportunity for India can yield maximum benefits in terms of private savings when accompanied by favourable socio-economic policies on education, health, gender equity, and economic growth.

scholarly journals The Dilemma Economic Growth And Poverty Rate In Sulawesi

Media Trend ◽  
2021 ◽  
Vol 16 (1) ◽  
pp. 40-48
Author(s):  
Kalzum R Jumiyanti ◽  
Moh. Jamal Moodoeto ◽  
Deby Rita Karundeng
Keyword(s):  
Economic Growth ◽  
Population Growth ◽  
Total Population ◽  
Poverty Rate ◽  
Economic Conditions ◽  
Depth Analysis ◽  
Working Age ◽  
Per Capita ◽  
Working Age Population ◽  
The Government

Economic growth is often cited as a significantly contributive factor reduction of the poverty rate. This study aims to investigate the economic growth and poverty among all areas within Sulawesi Island and to compare these two aspects among the island’s provinces. This study employs both comparative quantitative analysis to explore economic growth formulatively and qualitative manner for in depth analysis. The result reveals an escalation in both gross regional domestic product (henceforth regional GDP) and total population each year for the last ten years. However this situation is unable to boost the macro-economic growth; a reason for this condition is the population growth in the recent ten years possibly dominated by High birth rates. Yet, this condition does not lead to a drop in the demand for workforces, which implies that the number of the working-age population (which can help improve the regional per capita income) remains constant despite the population growth. Another possible factor of regional GDP escalation is the fact that the government policy, in its foreign cooperation implementation, does not contribute to the local workforces. Nevertheless, the rise in regional GDP is insignificant as it does not affect the local economic conditions. Hence, it proves that the fluctuation of economic growth does not affect the poverty rate.

scholarly journals Impact of the demographic dividend on economic growth

2018 ◽  
Vol 2 (4) ◽  
pp. 85-135
Author(s):  
Zarina Kazbekova
Keyword(s):  
Economic Growth ◽  
Russian Federation ◽  
Population Decline ◽  
Gdp Per Capita ◽  
Demographic Dividend ◽  
Working Age ◽  
Real Gdp Per Capita ◽  
The Russian Federation ◽  
Per Capita ◽  
Working Age Population

In the context of the working-age population decline in the Russian Federation, the study of the influence of the dynamics of the share of the working -age population on economic growth is of particular interest. The main purpose of the article is to assess the contribution of the first demographic dividend to the GDP per capita growth rate in Russia betwеen 1997 and 2015. The main methods used by the author of this work are statistical analysis and econometric modeling based on Rosstat data. According to the results obtained in the course of this study, the first demographic dividend provided about 13% growth of real GDP per capita in the Russian Federation in 1997-2015. It has been proved that the age structure of the population is important.

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