Demographics and Interest Rates in Asia /

Demographic developments have been regarded as one important cause of the long-term movement in global interest rates. This paper provides empirical evidence of the relationship between demographics and interest rates over a wide sample of advanced and emerging market economies. It also finds that c...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Arslanalp, Serkan
Weitere Verfasser: Lee, Jaewoo, Rawat, Umang
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2018.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2018/172
Online Zugang:Full text available on IMF
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100 1 |a Arslanalp, Serkan. 
245 1 0 |a Demographics and Interest Rates in Asia /  |c Serkan Arslanalp, Jaewoo Lee, Umang Rawat. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2018. 
300 |a 1 online resource (23 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Demographic developments have been regarded as one important cause of the long-term movement in global interest rates. This paper provides empirical evidence of the relationship between demographics and interest rates over a wide sample of advanced and emerging market economies. It also finds that capital account openness limits the direct sensitivity of a country's interest rates to its own demographics. The results suggest that future demographic developments will continue to apply downward pressure on the interest rates in Asia which foresees a rapid aging. 
538 |a Mode of access: Internet 
700 1 |a Lee, Jaewoo. 
700 1 |a Rawat, Umang. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2018/172 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2018/172/001.2018.issue-172-en.xml  |z IMF e-Library