01672cas a2200265 a 4500 AALejournalIMF018683 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484370308 1018-5941 BD-DhAAL BD-DhAAL Arslanalp, Serkan. Demographics and Interest Rates in Asia / Serkan Arslanalp, Jaewoo Lee, Umang Rawat. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (23 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Demographic developments have been regarded as one important cause of the long-term movement in global interest rates. This paper provides empirical evidence of the relationship between demographics and interest rates over a wide sample of advanced and emerging market economies. It also finds that capital account openness limits the direct sensitivity of a country's interest rates to its own demographics. The results suggest that future demographic developments will continue to apply downward pressure on the interest rates in Asia which foresees a rapid aging. Mode of access: Internet Lee, Jaewoo. Rawat, Umang. IMF Working Papers; Working Paper ; No. 2018/172 Full text available on IMF http://elibrary.imf.org/view/journals/001/2018/172/001.2018.issue-172-en.xml IMF e-Library