What Will Happen to Financial Markets When the Baby Boomers Retire? /
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 portfolio decision over stocks and bonds when saving for retirement- Using the model to...
| मुख्य लेखक: | |
|---|---|
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2000.
|
| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2000/018 |
| ऑनलाइन पहुंच: | Full text available on IMF |