Macro-Experimental Economics in the Kyrgyz Republic: Social Security Sustainability and Pension Reform
Despite a decade of transition, pension systems in formerly socialist countries still desperately need viable reform. Few viable reform options exist, due to the near absence of capital markets, the collapse of formal sector employment, and huge differences between urban and rural sectors. This paper assesses packages advocated by different international agencies, and considers their sensitivity to varying economic and demographic assumptions. Failure to account for demographic-economic interactions strongly biases forecasts. The divergent results from projections made under different assumptions imply that policymakers should examine the realism of policy suggestions (and associated actuarial forecasts) very carefully. Comparative Economic Studies (2001) 43, 1–34; doi:10.1057/ces.2001.12
Year of publication: |
2001
|
---|---|
Authors: | Becker, Charles M ; Paltsev, Sergey |
Published in: |
Comparative Economic Studies. - Palgrave Macmillan, ISSN 0888-7233. - Vol. 43.2001, 3, p. 1-34
|
Publisher: |
Palgrave Macmillan |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Modeling Indian Migration and City Growth, 1960-2000.
Becker, Charles M, (1986)
-
Cohort-Specific Rural-Urban Migration in Africa.
Becker, Charles M, (1996)
-
The Determinants of Urban Population Growth in Sub-Saharan Africa.
Becker, Charles M, (1988)
- More ...