Impact of Demographic Transition on Stock Markets - A Review Perspective

Curiosity is the starting point of all research. Does demographic transition have an impact on stock markets and, if yes, then to what extent?; was the preliminary question. This inquisitiveness led to this unique research.

 The demography of a nation, the composition of its population plays a vital role in reflecting that nation’s economic growth. This contemporary commercial issue is multidisciplinary in nature. The financial aspect of stock market returns and the economic and statistical concept of demographic transition are linked together.

 This exploratory research is carried out to study the degree to which the demographic variables like age structure of the population, dependency ratios, and growth rates are linked; and related to the stock markets and its returns over the years. This paper reviews the various research work done internationally and then describes the extent of relationships that exist between the parameters under study.