Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 65 , 28 December 2023
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The Impact of Population Aging on Risk-free Rate
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Abstract
This study delves into the relationship between the long-term trend of population aging and the risk-free rate against the backdrop of China's diminishing demographic dividend and declining birth rate. It further examines the mechanisms via which population aging affects the risk-free rate. The phenomenon of population aging is distinguished by a rise in the percentage of older individuals and a decline in the percentage of younger individuals, hence exerting a diverse range of effects on the economy. The demographic transition holds significant influence over savings, investment, labor supply, and interest rates, making it a crucial macroeconomic issue. This study employs a literature review methodology and conducts data analysis to construct a "elderly population ratio" framework grounded in life cycle theory. The objective is to investigate the correlation and knowledge significance of the risk-free rate.
Keywords
population aging, inflation; risk-free rate, nominal interest rate
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-239-8
- ISBN (Online)
- 978-1-83558-240-4
- Published Date
- 28 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/65/20231582
- Copyright
- 28 December 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited