Aging and personal finance: a long-term behavior model of the Spanish population

The aging of a population determines the characteristics of its economic environment and, according to the life-cycle hypothesis, it may affect the level of aggregate saving. Generally, the modeling of financial asset behavior considers factors of economic events and neglects the demographic approac...

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Bibliographic Details
Main Authors: Montserrat Díaz-Fernández, María del Mar Llorente-Marrón, María Paz Méndez-Rodríguez
Format: Article
Language:Spanish
Published: Instituto Tecnológico Metropolitano 2019-07-01
Series:Revista CEA
Subjects:
Online Access:https://revistas.itm.edu.co/index.php/revista-cea/article/view/1442/1297