Natural financial dynamics of the baby boom generation

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.

RELATED ARTICLESExplain
The Global Financial Crisis
Long-term causes of the financial crisis?
Natural financial dynamics of the baby boom generation
Eligible for social security retirement benefits in 2008
Baby boom generation spans 20 years
Researchers haven't found evidence of demographic effects
Sudden, sharp increase in global risk aversion by baby boomers
Demographic changes as baby boomers move to retirement
Money is created through interest bearing loans.
Unustainable forces of production/consumption: Capitalism
Unintended consequences of earlier public policy choices
Lack of financial literacy.
Accountability Mechanisms ill-suited for Network Style Dec-Making
Global Savings Glut
Human cognitive biases
Increased power of finance capital leading to rent-seeking behavior
Graph of this discussion
Enter the title of your article


Enter a short (max 500 characters) summation of your article
Enter the main body of your article
Lock
+Comments (0)
+Citations (1)
+About
Enter comment

Select article text to quote
welcome text

First name   Last name 

Email

Skip