Economics at your fingertips  

Money, Finance and Demography: The Consequences of Ageing

Ignazio Visco, Barry Eichengreen (), Gilles Mourre (), Declan Costello, Giuseppe Carone (), Nuria Diez Guardia, Bartosz Przywara, Aino Salomäki, Vincenzo Galasso (), Mark Weth, Sebastian Schich, Etienne de Callataÿ, Martin Werding (), Marianna Brunetti (), Costanza Torricelli (), Wim W. Boonstra, Stefan Schmitz and Hana Genorio

in SUERF Colloquium Volumes from SUERF - The European Money and Finance Forum, currently edited by Morten Balling

Abstract: A significant ageing trend can be observed in Europe and in other parts of the world. Fertility is decreasing and life expectancy increasing. The impact of migration is growing. The book deals with the implications for financial markets of these demographic trends. Leading economists and financial experts from Europe and the United States evaluate the challenges to public pension systems and the private pension industry. Based on long-term projections of productivity and employment they look at potential growth in GDP per capita and implications for savings and wealth. Pension fund portfolio management is discussed together with the ability of capital markets to serve retirement-financing purposes. Fiscal as well as financial sustainability are analysed in depth. The roles of global imbalances and international capital movements are included. Most chapters also discuss policy implications - in particular with regard to how pension saving incentives and rules and incentives for retirement should be in order to ensure fiscal and financial sustainability. All contributions in the book are based on presentations at the 26th SUERF Colloquium on "Money, Finance and Demography - the Consequences of Ageing" held on 12-14 October, 2006 in Lisbon sponsored by Banco de Portugal and Millennium bcp and in cooperation with the Universidade Nova de Lisboa.

Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8) Track citations by RSS feed

Downloads: (external link) Main Text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This item can be ordered from
SUERF c/o OeNB, Otto-Wagner-Platz 3, A-1090 Vienna, Austria

The price is Electronically free of charge, Print: free for members, 50 euro for non-members.

Access Statistics for this book

More books in SUERF Colloquium Volumes from SUERF - The European Money and Finance Forum SUERF c/o OeNB, Otto-Wagner-Platz 3, A-1090 Vienna, Austria. Contact information at EDIRC.
Bibliographic data for series maintained by Dragana Popovic ().

Page updated 2021-06-17
Handle: RePEc:erf:erfcol:1