Ageing, Financial Markets and Monetary Policy

Alan J Auerbach editor Heinz Herrmann editor

Format:Paperback

Publisher:Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Published:5th Dec '10

Should be back in stock very soon

Ageing, Financial Markets and Monetary Policy cover

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The book gives an overview of the implications of population ageing on economic development and financial systems. 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.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.

ISBN: 9783642076619

Dimensions: unknown

Weight: 551g

350 pages