Demographics and real interest rates: Inspecting the mechanism

2016/04/14 by Carlos Carvalho, Andrea Ferrero, Fernanda Nechio · 368 citations
Business, Management and Accounting · Economics, Econometrics and Finance · #Capital formation #Demographic transition #Demography #Econometrics #Economic Theory and Policy #Economics #Fertility #Financial Literacy, Pension, Retirement Analysis #Human capital #Interest rate #Labour economics #Marginal product of capital #Monetary Policy and Economic Impact #Monetary economics #Nominal interest rate #Offset (computer science) #Overlapping generations model #Population #Real interest rate #Zero lower bound

paper · doi:10.1016/j.euroecorev.2016.04.002

published in European Economic Review 88, 208-226 (Elsevier BV)

openalex publication_date 2016/04/14 · openalex created_date 2025/10/10 · openalex updated_date 2026/08/04

Citations

• Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework
• Temporal Resolution of Uncertainty and Dynamic Choice Theory

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