The impact of global aging on capital markets and housing

Axel Börsch-Supan

doi:10.1007/978-3-540-68137-3_4

The impact of global aging on capital markets and housing

Axel Börsch-Supan

University of Mannheim

Publikation: Beitrag in Buch/Bericht/Konferenzband › Kapitel › Begutachtung

3 Zitate (Scopus)

Abstract

Aging has complex effects on the markets for real capital - capital used in the production of goods and services, and housing capital. If elderly people save less than younger people, an aging society saves less. This should increase interest rates since supply of funds gets tight. At the same time, the younger generation becomes ever smaller, so there is also less demand for new investment. The equilibrium effect is thus uncertain.

Originalsprache	Englisch
Titel	Demographic Change in Germany
Untertitel	The Economic and Fiscal Consequences
Herausgeber (Verlag)	Springer Berlin Heidelberg
Seiten	65-88
Seitenumfang	24
ISBN (Print)	9783540681359
DOIs	https://doi.org/10.1007/978-3-540-68137-3_4
Publikationsstatus	Veröffentlicht - 2008
Extern publiziert	Ja

UN SDGs

Dieser Output leistet einen Beitrag zu folgendem(n) Ziel(en) für nachhaltige Entwicklung

SDG 11 – Nachhaltige Städte und Gemeinschaften

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10.1007/978-3-540-68137-3_4

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The impact of global aging on capital markets and housing

Abstract

UN SDGs

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