The retirement of the baby boom generation poses a challenge to the world's financial markets. This book examines the prospect that, after 2020, pension funds will have to pay out more in benefits than employers will be contributing, and it considers the extent to which individuals will liquidate equity holdings, or switch to bond holdings, or do both to sustain their living standards. The book examines the possibility that these changes will drive down equity values and bond returns.
- ISBN10 0892063920
- ISBN13 9780892063925
- Publish Date 8 July 2002
- Publish Status Out of Stock
- Publish Country US
- Imprint Centre for Strategic & International Studies,U.S.
- Format Paperback
- Pages 96
- Language English