Item description for Ageing, Financial Markets and Monetary Policy by Alan J. Auerbach...
The book gives an overview of the implications of population ageing for economic development in general and financial systems in particular. 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 of the volume raises issues which are of particular relevance for central banks, namely ageing and financial stability and how ageing will affect monetary policy. While the ageing problem has been the object of a growing debate in Europe during the past few years, little attention has been devoted so far to its monetary aspects.
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Est. Packaging Dimensions: Length: 6.25" Width: 4.25" Height: 1.25" Weight: 1.25 lbs.
Release Date Apr 8, 2002
ISBN 3540427279 ISBN13 9783540427278
Availability 69 units. Availability accurate as of Mar 25, 2017 07:48.
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More About Alan J. Auerbach
Alan J. Auerbach is Director of the Robert D. Burch Center for Tax Policy and Public Finance and Professor of Economics and Law, University of California Berkeley.
Alan J. Auerbach currently resides in the state of California. Alan J. Auerbach has an academic affiliation as follows - University of California, Berkeley.