The impact of age structure on consumption in Canada

dc.contributor.advisorYu, Weiqiu
dc.contributor.authorCui, Xuan
dc.date.accessioned2023-03-01T16:38:53Z
dc.date.available2023-03-01T16:38:53Z
dc.date.issued2017
dc.date.updated2023-03-01T15:02:55Z
dc.description.abstractAlthough Canada is the fastest growing population in the G7 countries, it continues to face the same problems as many other countries - decreasing birth and mortality rates. Economic theories predict that age influences individuals’ saving and consumption behaviors. Existing studies found that there was a U-shaped relationship between consumption and age in the United State, consistent with the life-cycle hypothesis. In this MA report, we investigate the relationship between population age structure and aggregate consumption using a province-level panel data set from 1983 to 2015 for Canada. Results show that while the impacts of age structure on the consumption of nondurable goods and service are insignificant, the impacts on consumption of durable goods are significant. Furthermore, consistent with the literature, prime age people consume less than younger and old people do.
dc.description.copyright©Xuan Cui, 2018
dc.formattext/xml
dc.format.extentiv, 50 pages
dc.format.mediumelectronic
dc.identifier.urihttps://unbscholar.lib.unb.ca/handle/1882/14265
dc.language.isoen_CA
dc.publisherUniversity of New Brunswick
dc.rightshttp://purl.org/coar/access_right/c_abf2
dc.subject.disciplineEconomics
dc.titleThe impact of age structure on consumption in Canada
dc.typemaster thesis
thesis.degree.disciplineEconomics
thesis.degree.fullnameMaster of Arts
thesis.degree.grantorUniversity of New Brunswick
thesis.degree.levelmasters
thesis.degree.nameM.A.

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