Weltweit steigt die Lebenserwartung der Menschen. Doch jedes zusätzliche Lebensjahr bedeutet eine höhere finanzielle Belastung im Alter. Bei sinkenden Renten und Nullzinsen ein immer schwierigeres Unterfangen. Beate Sander, Grande Dame der Geldanlage und Bestsellerautorin, zeigt auf, wie Sie...

Cover -- Impressum -- Titel -- Aus dem Inhalt -- Gruà wort -- Vorwort -- 1 Der demografische Wandel und die Folgen -- 1.1 Das längere Leben verändert die Bevölkerungsstruktur -- 1.2 Was macht das Altern lebenswert? -- 1.3 Das Rentenniveau sinkt â länger arbeiten als Ausweg? -- 1.4...

Using harmonized wealth data and a novel decomposition approach, we show that cohort effects exist in the income profiles of asset and debt portfolios for a sample of European countries, the U.S. and Canada. We find that younger households’ participation decisions in assets are more responsive...

Using harmonized wealth data and a novel decomposition approach, we show that cohort effects exist in the income profiles of asset and debt portfolios for a sample of European countries, the U.S. and Canada. We find that younger households' participation decisions in assets are more responsive...

This essay looks at the bidirectional relationship between financial history and financial economics. It begins by giving a brief history of financial economics by outlining the main topics of interest to financial economists. It then documents and explains the increasing influence of financial...

Population aging challenges the financing of social security systems in developed economies, as the fraction of the population in working age declines. The resulting pressure on capital-labor ratios translates into a pressure on factor prices and production. While European countries all face...