Financial Market Trends Ageing and Pension System Reform: Implications for Financial Markets and Economic Policies

Financial Market Trends Ageing and Pension System Reform: Implications for Financial Markets and Economic Policies PDF

Author: OECD

Publisher: OECD Publishing

Published: 2005-11-16

Total Pages: 117

ISBN-13: 9264035761

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This OECD 2005 report, prepared at the request of Deputies of the G10, reviews economic consequences of ageing populations for financial markets and recommends that governments help facilitate development of financial instruments to support retirement savings and pensions.

Financial Market Trends Ageing and Pension System Reform: Implications for Financial Markets and Economic Policies

Financial Market Trends Ageing and Pension System Reform: Implications for Financial Markets and Economic Policies PDF

Author: OECD

Publisher: OECD Publishing

Published: 2005-12-07

Total Pages: 114

ISBN-13: 9789264035751

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This OECD 2005 report, prepared at the request of Deputies of the G10, reviews economic consequences of ageing populations for financial markets and recommends that governments help facilitate development of financial instruments to support retirement savings and pensions.

Ageing, Financial Markets and Monetary Policy

Ageing, Financial Markets and Monetary Policy PDF

Author: Alan J. Auerbach

Publisher: Springer Science & Business Media

Published: 2013-11-11

Total Pages: 353

ISBN-13: 3662047799

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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.

Aging Population, Pension Funds, and Financial Markets

Aging Population, Pension Funds, and Financial Markets PDF

Author: Robert Holzmann

Publisher: World Bank Publications

Published: 2009

Total Pages: 184

ISBN-13: 0821377329

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Population aging will affect the performance of pension funds and financial markets in the former transition economies and require determined policy actions to complete financial market development and to promote financial literacy through education.

Pension Reform, Financial Market Development, and Economic Growth

Pension Reform, Financial Market Development, and Economic Growth PDF

Author: Mr.Robert Holzmann

Publisher: International Monetary Fund

Published: 1996-08-01

Total Pages: 52

ISBN-13: 1451950756

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The Chilean pension reform of 1981, in which Chile moved from an unfunded to a funded scheme, is considered to have contributed to this country’s excellent economic performance since the mid-1980s. The paper highlights the theoretical underpinnings of the claimed economic effects and presents empirical data and preliminary econometric testing of the conjectured growth, capital formation, and saving effects. The empirical evidence is consistent with most of the claims. In particular, the direct impact of financial market development on private saving is found to be negative, which underscores the importance of sound fiscal policy and public saving to support the transition.

Economics and Ageing

Economics and Ageing PDF

Author: José Luis Iparraguirre

Publisher: Springer Nature

Published: 2019-11-29

Total Pages: 599

ISBN-13: 3030290190

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This upper level textbook provides a coherent introduction to the economic implications of individual and population ageing. Placing economic considerations into a wider social sciences context, this is ideal reading not only for advanced undergraduate and masters students in health economics and economics of ageing, but policy makers, professionals and practitioners in gerontology, sociology, health-related sciences, and social care. This volume introduces topics in labour economics, including the economic implications of ageing workforces. It covers pension economics and pension systems with their macroeconomic and distributive effects, and the question of risk. Finally, it describes macroeconomic consequences of ageing populations on aggregate saving, inflation, international trade, and financial markets.

Pension Reform, Investment Restrictions and Capital Markets

Pension Reform, Investment Restrictions and Capital Markets PDF

Author: Mr.Jorge Roldos

Publisher: International Monetary Fund

Published: 2004-09-01

Total Pages: 32

ISBN-13: 145197373X

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Pension reform in several emerging market countries has been associated with rapid growth in assets under management and a positive impact on the development of local securities markets. However, limitations on such development may lead to asset price distortions, bubbles, and concentration of risks. Regulatory limits on pension fund investments are assessed in light of these risks and developments in modern portfolio theory. A gradual but decisive loosening of restrictions on equity and foreign investments is recommended. Changes in these regulations ought to be coordinated with measures designed to foster the development of local securities markets as well as with macroeconomic policies.

Pensions, Savings and Capital Flows

Pensions, Savings and Capital Flows PDF

Author: Helmut Reisen

Publisher: Edward Elgar Publishing

Published: 2000

Total Pages: 296

ISBN-13:

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Reisen, head of the research division at the Organization for Economic Cooperation and Development (OECD) Center, France and professor of Economics at the University of Basel, Switzerland presents a collection of papers exploring the international aspects of pension reform, private savings, and volatile capital markets, clarifying how they relate to each other. He argues for the pension-improving benefits of global asset diversification, analyzing the implications of financial reform for stimulating savings and exploring the benefits and risks of global capital flows to emerging markets. Annotation copyrighted by Book News, Inc., Portland, OR