The Economic and Financial Market Consequences of Global Ageing

The Economic and Financial Market Consequences of Global Ageing PDF Author: Kieran McMorrow
Publisher: Springer Science & Business Media
ISBN: 3540248218
Category : Social Science
Languages : en
Pages : 335

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Book Description
Many countries will be confronted with ageing populations in the coming decades. This will crucially affect the economic outlook for the economy. Population changes directly affect the size of the labour force and consequently potential employment and output growth. Because the timing and magnitude of demographic changes varies significantly across regions, international capital flows will play an important role for the allocation of investment. This book offers a comprehensive treatment of ageing related issues based on a five region overlapping generations model and provides a quantitative assessment until 2050.