709 - The Macroeconomics of Aging
Populations are aging in most countries around the world. Analysts generally view this demographic trend as a cause for slowing economic growth and increased net savings, which combined to drive down the equilibrium level of interest rates. At some point, though, this demographic impact may shift as an increasing number of retirees spend down their accumulated assets. What are the implications for retirement funding? Increasingly mature pension plans, with greater reliance on trust fund returns, will need to address a continuously evolving array of capital market challenges.
Ms. Elena V. Black
Credits:CPD Credit: 1.50 EA Core Credit: 0.00 EA Ethics Credit: 0.00 EA Non-Core Credit: 1.50 EA Formal Credit: 1.50