人口老龄化对金融稳定的影响

The Impact of Population Aging on Financial Stability

金融是国民经济的血脉,人口因素是影响金融稳定的关键因素,因此人口结构失衡会对宏观经济发展和金融市场稳定产生重要的影响。本文选取我国2013~2022年的宏观季度数据,实证检验人口老龄化与金融稳定的关系。结论表明:从省份层面来看,人口老龄化对金融稳定呈现负面影响,通过增加房地产价格波动和增加财政压力降低金融稳定性。在进一步研究中,本文从全国层面出发,研究发现人口老龄化对金融稳定同样存在负面影响。

Finance is the lifeblood of the national economy,and population factors are the key factors affecting financial stability.Imbalance in population structure has a significant impact on macroeconomic development and financial market stability.This article selects macro quarterly data from 2013 to 2022 in China to empirically test the relationship between population aging and financial stability.The conclusion shows that from the provincial level,population aging has a negative impact on financial stability.By increasing fluctuations in real estate prices and increasing fiscal pressure,financial stability can be reduced.In further research,this article starts from the national level and finds that aging population also has a negative impact on financial stability.