1. Auflage 2022,
288 Seiten, Gebunden, Format (B × H): 152 mm x 229 mm
Roy Demographics Unravelled: How Demographics Affect and Influence Every Aspect of Economics, Finance and PolicyDiscover what demographics can tell us about the economy, markets, and the future
In Demographics Unravelled, renowned Macro-Demographics expert Amlan Roy delivers an insightful and timely exploration of the impact that "people characteristics" have on national economies. Considering factors like gender, race, migrant status, family background, and education, the author delves deeply into a subject that drives market behavior and economic variables, including growth, debt, inflation, employment, and productivity. These have national and international policy implications.
In this one-of-a-kind book, you'll discover:
* Why the study of demographics is the hidden key to understanding economic growth, asset prices, and capital flows
* How to use detailed demographics to forecast future scenarios in economics, socioeconomics, geopolitics, and the environment
* The short-, medium-, and long-term effects of consumer and worker behavior
* How understanding demographics is key to understanding health, pensions, migration, sustainability and social policies. It is intimately linked to the Sustainable Development Goals of the UN--Gender, Climate, Poverty and Inequality
Perfect for institutional investors, insurance professionals, economists, and business leaders, Demographics Unravelled will also earn a place in the libraries of academics and students studying a variety of economic disciplines and seeking a one-stop and in-depth discussion of demographics-driven macroeconomic effects.
Weitere Infos & Material
Acknowledgements 5Preface 6Chapter 1 Introduction 8Chapter 2. Core data: Past, Present and Future 132.1 Economic History, History of Global Population Trends 142.2 Core Demographic Variables: Data, Analysis & some observations 152.2.1 Population Size and Growth 152.2.2 Ageing Populations 162.2.3 Life Expectancy Increases 172.2.4 Total Fertility Rates 182.2.5 Dependency Ratios 192.2.6 Gender Ratios 222.2.7 Age Structure and Population Pyramids 232.2.8 The Demographic Transition Model 252.3 The Role of Migration 262.4 Urbanization 342.5 Small Nation States--Demographics 362.6 Changing Longevity--metrics need changing 372.7 Changing social and individual behaviour 382.8 Multiple Generations 402.9 Conclusion 41Chapter 3 Demographics and Macroeconomics 423.1 Demographics and Economic Growth 423.2 Demographic Dividend and GDP per capita growth 473.3 Inflation 493.4 Debt, Deficits and Fiscal Sustainability 573.5 Demographics, Monetary Policy & Interest Rates 623.6 Demographics and Unemployment 633.7 Demographics, Capital Flows & Current Account 65Chapter 4. Demographics and Asset Prices 664.1 Theories of Life Cycle Consumption, Savings & Permanent Income 664.1.1 Life Cycle Consumption 664.1.2 Permanent Income Hypothesis 674.1.3. Consumption, Savings & Pioneering Paul Samuelson 684.2 How Demographics influences equity prices and markets 694.3 Will there be an asset market meltdown when boomers retire? 764.4 Demographic changes and interest rates (bond yields) 774.5 Demographics and Risk Premia 804.6 Asset Holdings and Age 814.7 Demographics and Equity Sectors 834.8 Demographics and Real estate 874.9 Demographics and Commodities 894.10 Conclusions 91Appendix A to Chapter 4 93Chapter 5 Health and Longevity 945.1 Health Issues, Expenditures and Measures 955.1.1 Health Expenditures 955.1.2 Global Health Security 975.1.3 Global Burden of Disease 985.1.4 Health in Emerging Countries 1005.2 Longevity 1035.2.1 Life expectancy and Conditional Life expectancy increases 1045.2.2 Life Expectancy versus Healthy Life expectancy 1055.2.3 DALYs and their causes 1075.2.4 Longevity and Mortality: more than just births and deaths 1075.2.5 Longevity risk and uncertain future of longevity 1095.2.6 Longevity forecasting models: countries and regions 1115.2.7 Short summary of Longevity Models 1135.2.8 Annuities as a Longevity Risk Management Tool 1165.2.9 Other Longevity Risk Management Tools & Instruments 1195.3 Conclusions 120Chapter 6. Pensions & Retirement 1216.1 A Brief History of Social Security and Pensions 1216.2 Evaluating Pension Systems--Indicators & Cross-country comparisons 1246.3 Assessing Age-related pension expenditures across countries 1296.4 Pensions and pension systema-the experts views 1316.5 Pensions, Asset Allocation, Investments & Capital Markets 1396.6 Pensions & Corporate Finance/Equity Prices 1426.7 Future of Retirements/Conclusions 143Chapter 7 Quality of Life, Gender, Governance, Politics & Sustainability 1457.1 Utility theory, Social welfare and Happiness 1457. 2 Quality of Life--Human Development Index, Human Capital 1497.3 Gender Inequality 1517.4 Corruption & Transparency 1537.5 Sustainability & Climate Change 1547.6 Politics & Geopolitics 1567.7 Conclusions 157Chapter 8. Summary & Conclusions 158Index of subjects 160End Notes 162