Abstract
This article empirically analyses the relationship between regional deposits and demographic changes. Using different types of deposit data from Japan which has experienced a sharp increase in the number of retirees, we provide clear evidence that an increase in the dependency ratio has led to a decline in overall deposits but an increase in most liquid deposits.
| Original language | English |
|---|---|
| Pages (from-to) | 939-942 |
| Number of pages | 4 |
| Journal | Applied Economics Letters |
| Volume | 19 |
| Issue number | 10 |
| DOIs | |
| Publication status | Published - 2012 Jul |
Keywords
- Demographic changes
- Panel cointegration
- Panel DOLS
- Regional deposits