Aging is good for you

Demographic developments are having an impact on the capital market. There is much to suggest that older people are causing higher interest rates. A thesis that contradicts the prevailing opinion..

This commentary is from the column “Mayers Weltwirtschaft” (Mayer’s World Economy) which was published in the FAS (Frankfurter Allgemeine Sonntagszeitung) and is available online at www.faz.net (in German only).