Ageing, Financial Markets and Monetary Policy

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  • Ageing, Financial Markets and Monetary Policy Book Detail

  • Author : Alan J. Auerbach
  • Release Date : 2013-11-11
  • Publisher : Springer Science & Business Media
  • Genre : Business & Economics
  • Pages : 353
  • ISBN 13 : 3662047799
  • File Size : 8,8 MB

Ageing, Financial Markets and Monetary Policy by Alan J. Auerbach PDF Summary

Book Description: The book gives an overview of the implications of population ageing on economic development and financial systems. It describes several challenges which the ageing process poses for central banks, giving special consideration to the situation in Europe. The first two chapters discuss the relationship between ageing and saving and between ageing and international capital flows. Other chapters consider the possible implications for financial markets. The final part raises issues which are of particular relevance for central banks, namely ageing and financial stability and how ageing will affect monetary policy.

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