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the Impact of Aging on Financial Markets and the Economy: a Survey (PDF)
Center for Retirement Research at Boston College Oct. 15, 2004 62 pages. Excerpt: This paper reviews the literature on the macroeconomic and asset market effects of population aging, focusing on four related issues: (a) The impact of population age structure on aggregate household saving; (b) The effect of population aging on investment demand; (c) Evidence on the influence of population age structure on financial market asset prices and returns; and (d) Effects of globalization on our interpretation of the impact of demographic change. |
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