Ageing, Financial Markets and Monetary Policy
Download or Read eBook Ageing, Financial Markets and Monetary Policy PDF written by Alan J. Auerbach and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 353 pages. Available in PDF, EPUB and Kindle.
Author | : Alan J. Auerbach |
Publisher | : Springer Science & Business Media |
Total Pages | : 353 |
Release | : 2013-11-11 |
ISBN-10 | : 9783662047798 |
ISBN-13 | : 3662047799 |
Rating | : 4/5 (98 Downloads) |
Book Synopsis Ageing, Financial Markets and Monetary Policy by : Alan J. Auerbach
Book excerpt: 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.