Professor Masashige Hamano, Waseda University

"Aging, Fertility and Macroeconomic Dynamics" with Aurélien Eyquem
Wednesday, 20 November 2024. 13:00-14:00
Room 430, James McCune Smith Learning Hub

Abstract

A tractable model with heterogeneous households is proposed to analyze the two-way interactions between demographic and macroeconomic variables. Total population and labor-market participation are both endogenous and affected by economic as well as demographic factors. We perform a quantitative exercise focusing on trend dynamics based on Japanese data. Our counterfactual analysis reveals the role of the death rate, labor-market participation costs, and sunk costs of raising newborns.

Bio

I am a professor at School of Political Science, Waseda University in Tokyo. I also serve as a research fellow at the University of Luxembourg and Sophia University. I hold a Master in International Economics from the University of Paris 1 and PhD. in Economics from the University of Rennes 1. I work on issues related to international finance, international macroeconomics and international trade.


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First published: 7 November 2024

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