Demographics and Interest Rates in Asia
Download or Read eBook Demographics and Interest Rates in Asia PDF written by Mr.Serkan Arslanalp and published by International Monetary Fund. This book was released on 2018-07-27 with total page 23 pages. Available in PDF, EPUB and Kindle.
Author | : Mr.Serkan Arslanalp |
Publisher | : International Monetary Fund |
Total Pages | : 23 |
Release | : 2018-07-27 |
ISBN-10 | : 9781484370308 |
ISBN-13 | : 1484370309 |
Rating | : 4/5 (08 Downloads) |
Book Synopsis Demographics and Interest Rates in Asia by : Mr.Serkan Arslanalp
Book excerpt: 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.