Replication package for the paper titled: Demographic change, consumption and equity returns. An international approach

This replication package contains all data series and R scripts used in the paper 'Demographic change, consumption and equity returns. An international approach'. The package is organized in two main folders: - Data: Datasets used as inputs for the empirical analysis. - Codes: R scripts implementing the full empirical methodology and producing the results. The code implements the econometric procedures used in the paper, including estimation routines, GMM-based inference, and model evaluation tests.