221
238 222
239 223
240 224
241 225
242 226
243 227
244 228
245 229
246 230
247 231
248 232
249 233
250 235
251 236
252 237
253 238
254 239
255 240
256 241
257 242
258 243
259 244
260 245
261 246
262 247
263 248
264 249
265 250
266 251
267 252
268 253
269 254
270 255
271 256
272 257
273 258
274 259
275 260
276 261
277 262
278 283
279 284
280 285
281 286
282 287
283 288
284 289
285 290
286 291
287 292
288 293
289 294
290 295
291 296
292 297
Praise for Demographics Unravelled
“This book is a fascinating marshalling of evidence about how demographic forces shape many of the pressing economic, social, and political problems that we confront today.”
—Tom Sargent, Nobel Prize Winner (2011); and Professor of Economics, New York University
“In this deep but highly accessible book, Amlan Roy draws upon his many years of experience to explain the many ways in which demography shapes the macroeconomy and financial markets. Students and market professionals will find Roy's analysis to be at once enlightening and engaging.”
—Narayana Kocherlakota, Former Minneapolis Fed President; and Professor, University of Rochester
“With the benefit of two decades of research into the many aspects of an aging global economy, Amlan Roy explains to us the profound implications of demography on virtually every aspect of our welfare. In clear, practical language, he analyzes and informs - we should all read it and thank him.”
—Zvi Bodie, Author of Worry-Free Investing; and Professor Emeritus, Boston University
“This book is a must-read for anyone working on the intersection of demographics, finance, and economics. There is a wealth of data, insight, and research presented in a concise package.”
—Tobias Adrian, Financial Counselor and Director, International Monetary Fund
“Roy's brilliant new book unifies the vast demographics literature across debt, gender, growth, inflation, asset prices, and beyond, gauging research on its ability to look below broad population aggregates to the finer groupings that really matter.”
—Giles Keating, Former Global Head, Credit Suisse Research; and Board Member, Bitcoin Suisse
“Amlan's holistic, systematic, and rational framework takes out the popular misconceptions about demographics and explains how it affects, inter alia, macroeconomic policy, asset prices, pensions and retirement decisions, and the overall quality of life. Highly recommended reading for academics, practitioners, and regulators.”
—Narayan Naik, Finance Professor, London Business School
“Amlan Roy has written a tour-de-force on the impact of demographics on economic growth and policy, pension design, and portfolio management. This book, from the global expert on demographics, is a must-read for investors, financial professionals, and policy makers.
—Arun Muralidhar, Co-founder, Mcube Investment Technologies, Pension Expert (3 books)
“Amlan has been pioneering the link between demographics and financial markets at least since our days together at Credit Suisse in London 20 years ago. The accumulated knowledge that Amlan has gathered throughout his career is collated for the first time in this ground-breaking book, along with all the painstaking data-driven evidence, charts, and trend analyses that built up his reputation as a top-notch applied financial economist over the years, crossing over geographies: a must-read for all professional investors, and a source of inspiration for academics.”
—Olivier Ledoit, Senior Research Associate, Department of Economics, University of Zurich
