---
title: Supplying Safety to an Aging World: Demographics, Debt, and Risk Premia
url: https://www.ml-quant.com/papers/ssrn/7570178/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-09
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 7570178
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7570178
featured: 2026-10-09
citations: unknown
topic: Asset Pricing & Factors
---


# Supplying Safety to an Aging World: Demographics, Debt, and Risk Premia

A two-country model attributes 251 basis points of U.S. equity premium gains and 71 basis points of global rate decline since 1980 to demographic aging.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7570178
- Identifier: SSRN 7570178
- Released: 2026-10-07
- First featured: Quant Letter No. 134 (2026-10-09): https://www.ml-quant.com/issues/2026-10-09/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Asset Pricing & Factors
- Authors: Christopher Hyland, Tim Willems

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