Natural financial dynamics of the baby boom generation Position #7199

Baby boomers bid up prices for homes and shares when incomes, accumulation of home equity and retirement savings were high in middle age, and then tried to downsize their homes and switch from shares to safer investments as they approach retirement.
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▲Map HomeThe Global Financial Crisis
▲IssueLong-term causes of the financial crisis?
■PositionNatural financial dynamics of the baby boom generation
●SupportiveArgumentEligible for social security retirement benefits in 2008
●OpposingArgumentBaby boom generation spans 20 years
●OpposingArgumentResearchers haven't found evidence of demographic effects
►RelevanceSudden, sharp increase in global risk aversion by baby boomers
►RelevanceDemographic changes as baby boomers move to retirement
Citations


Author: Christopher Carroll
Cited by: David Price 7:48 PM Monday 13 October 2008 GMT
Also cited at: 7195, 7200
URL: http://blogs.ft.com/wolfforum/2008/10/are
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Entered by:- David Price
Entry date (GMT): 10/13/2008 7:46:00 PM
Last edit date (GMT): 10/13/2008 7:49:00 PM
Incoming cross-relations: 0
Outgoing cross-relations: 2
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