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What Will Happen to Financial Markets When the Baby Boomers Retire?

What Will Happen to Financial Markets When the Baby Boomers Retire? »

Volume/Issue: 2000/18

Series: IMF Working Papers

Author(s): Robin Brooks

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2000

DOI: http://dx.doi.org/10.5089/9781451843637.001

ISBN: 9781451843637

Keywords: equity premium, population aging, pension reform, young workers, retirement, pension, retirement benefit, retirement consumption

This paper explores whether changes in the age distribution have significant effects on financial markets that are rational and forward-looking. It presents an overlapping generations model in which agents make a p...

What Will Happen to Financial Markets When the Baby Boomers Retire?

What Will Happen to Financial Markets When the Baby Boomers Retire? »

Source: What Will Happen to Financial Markets When the Baby Boomers Retire?

Volume/Issue: 2000/18

Series: IMF Working Papers

Author(s): Robin Brooks

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2000

ISBN: 9781451843637

Keywords: equity premium, population aging, pension reform, young workers, retirement, pension, retirement benefit, retirement consumption

This paper explores whether changes in the age distribution have significant effects on financial markets that are rational and forward-looking. It presents an overlapping generations model in which agents make a p...