Demographics Drive Up Interest Rates

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Applying demographic trends to economic forecasts through a careful analysis of the age makeup of the population has resulted in two Bocconi scholars (Carlo Favero, BIDSA fellow and Deutsche Bank Chair in Asset Pricing and Quantitative Finance, and Vincenzo Galasso, Director of the Bachelor in International Politics and Government) seeing as distant the threat of secular stagnation for the Euro area, but they consider it difficult to implement structural reforms. This was discussed during the General Symposium on Pensions, organized by Bocconi University and Deutsche Bank in Milan, as part of the activities of Carlo Favero’s Chair on October 19, 2016.


Click here for the full article written by Fabio Todesco e translated by Jenna Walker