The Consequences of Population Aging on Private Pension Fund Saving and Asset Markets / Sylvester J. Schieber, John B. Shoven.

Format:

Book

Author/Creator:

Schieber, Sylvester J.

Contributor:

National Bureau of Economic Research.

Shoven, John B.

Series:

Working Paper Series (National Bureau of Economic Research) no. w4665.

NBER working paper series no. w4665

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1994.

Summary:

This paper examines the impact of the aging demographic structure of the U.S. on its funded private pension system. A 75-year outlook is produced for the pension system corresponding to the 75-year forecast of the Social Security system. The primary result is that the pension system will cease being a source of national saving in the third decade of the next century. The paper speculates about the impact this may have on asset prices.

Notes:

Print version record

March 1994.