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人口老龄化如何影响金融资产价格波动已成为各国政府和学术界关注的焦点问题。本文仅以美国股票市场为例,根据人口老龄化最新预测数据,运用实际S&P500价格指数来衡量股市价格波动,运用EVIEW3.1统计软件回归分析,就人口老龄化对股市价格波动的影响进行实证研究。结果认为,人口老龄化对股市价格波动存在显著影响,即随着人口老龄化,股市价格有上升趋势。
How population aging affects the price volatility of financial assets has become the focus of attention of all governments and academics. This article only takes the US stock market as an example. According to the latest forecast of population aging, the stock price volatility is measured by using the actual S & P500 price index. Empirical analysis is conducted on the impact of population aging on the stock price volatility using EVIEW3.1 statistical software regression analysis . The result shows that the population aging has a significant impact on the stock price volatility, that is, as the population ages, the stock price is on the rise.