TY  - JOUR
AU  - Schieber,Sylvester J.
AU  - Shoven,John B.
TI  - The Consequences of Population Aging on Private Pension Fund Saving and Asset Markets
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 4665
PY  - 1994
Y2  - March 1994
UR  - http://www.nber.org/papers/w4665
L1  - http://www.nber.org/papers/w4665.pdf
N1  - Author contact info:
John B. Shoven
Department of Economics
579 Serra Mall at Galvez Street
Stanford, CA 94305-6015
Tel: 650/723-3273
Fax: 650/723-8611
E-Mail: shoven@stanford.edu
M1  - published as Sylvester J. Schieber, John B. Shoven. "The Consequences of Population Aging for Private Pension Fund Saving and Asset Markets," in Michael D. Hurd and Naohiro Yashiro, editors, "The Economic Effects of Aging in the United States and Japan" University of Chicago Press (1996)

M2  - featured in NBER digest on 1994-10-01
AB  - This paper examines the impact of the aging demographic structure of the U.S. on its funded private pension system.  A 75-year outlook is produced for the pension system corresponding to the 75-year forecast of the Social Security system.  The primary result is that the pension system will cease being a source of national saving in the third decade of the next century.  The paper speculates about the impact this may have on asset prices.
ER  -