Demography and Finance - Finance and Growth
This paper provides an overview and survey of selected literature on two economic topics that have recently been subject to much academic debate. First, the effects of demographic change on financial markets and secondly, the role of financial intermediaries in promoting economic growth. This paper also provides a brief survey of the literature on pension reform and its implications on promoting "financial depth" and subsequent growth. Pension reform may constitute a direct link from demography to economic growth through the mechanism of financial intermediaries.
|Date of creation:||30 May 2002|
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