The Impact of Population Aging on Financial Market Structures and Policy Implications

Deok Ryong Yoon () and Dong-Eun Rhee
Additional contact information
Deok Ryong Yoon: Korea Institute for International Economic Policy

No 17-17, World Economy Brief from Korea Institute for International Economic Policy

Abstract: Korea is aging at a rapid pace, causing concern about the resulting socio-economic impacts. This study analyzes the expected changes in the financial markets and macroeconomic changes resulting from aging and seeks possible policy measures to mitigate the negative impacts of these changes. The estimated changes will be useful information for all market players to prepare for the future socio-economic changes. The policy implications based on the analyses are as follows: First, explore new roles for monetary policies. Second, use labor market approaches and financial market approaches together to respond to aging. Third, employ strategies using the income account to maintain current account balance.

Keywords: Financial Markets; Monetary Policy; Population Aging (search for similar items in EconPapers)
Pages: 3 pages
Date: 2017-08-22
New Economics Papers: this item is included in nep-age
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://ssrn.com/abstract=3023830 Full 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: https://EconPapers.repec.org/RePEc:ris:kiepwe:2017_017

Access Statistics for this paper

More papers in World Economy Brief from Korea Institute for International Economic Policy [30147] 3rd Floor Building C Sejong National Research Complex 370 Sicheong-daero Sejong-si, Korea. Contact information at EDIRC.
Bibliographic data for series maintained by Geun Hye Son ().