Similar Search Results

Aging, Savings, and Pensions in the Group of Seven Countries: 1980-2025

International Monetary Fund - 1989

the elderly. This study suggests that these demographic trends may lead to a decline in the G-7 private savings rate after … 2000, compounding the impact of social expenditure pressures on the government’s deficit. Moreover, public pensions may …

Persistent link: https://www.econbiz.de/10014396157

Neglected Heterogeneity and Dynamics in Cross-Country Savings Regressions

International Monetary Fund - 1999

This paper examines the extent to which conclusions of cross-country studies of private savings are robust to allowing … for the possible heterogeneity of savings behavior across countries and the inclusion of dynamics. It shows that … neglecting heterogeneity and dynamics can lead to misleading inferences about the key determinants of savings behavior. The …

Persistent link: https://www.econbiz.de/10014400163

Thailand Financial Sector Assessment Program : Funded Pension System

World Bank Group - 2019

productivity growth. While these reforms are needed, private pensions can also play a role inimproving retirement income for … savings for retirement. This note also addresses the challenges of the private, funded system and proposes policy …

Persistent link: https://www.econbiz.de/10012646631

Social Security, Demographic Trends, and the Federal Budget

International Monetary Fund - 1990

This paper considers the implications of the prospective aging of the U.S. population for the social security system and concludes that the large and growing cashflow surpluses of the social security trust funds should be saved to help insulate living stands against this change. A number of...

Persistent link: https://www.econbiz.de/10014396207

Pension Policies in the OECD Countries : Background and Trends

International Monetary Fund - 1988

Concerns about restructuring old-age income provisions and reforming public pension schemes are an OECD-wide phenomenon. This paper highlights first the background of the reform debate. Despite the divergences in the structure of public pension schemes, the main pressures for reform are...

Persistent link: https://www.econbiz.de/10014396049

Towards an Inclusive, Equitable and Sustainable National Pension System in Iraq

International Monetary Fund - 2024

A pension system is at the heart of social protection. By ensuring income security for older persons and other vulnerable groups, it prevents poverty, reduces inequality, and facilitates consumption smoothing. A pension system also affects the working population's labor market choices and has...

Persistent link: https://www.econbiz.de/10015058669

The Challenge of Public Pension Reform in Advanced and Emerging Economies

International Monetary Fund - 2011

This paper reviews past trends in public pension spending and provides projections for 27 advanced and 25 emerging economies over 2011-2050. In constructing these projections, the paper incorporates the impact of recent pension reforms and highlights the key assumptions underlying these...

Persistent link: https://www.econbiz.de/10014410239

Following Germany'S Lead : Using International Monetary Linkages to Identify the Effect of Monetary Policyon the Economy

International Monetary Fund - 2005

Forward-looking behavior on the part of the monetary authority leads least squares estimates to understate the true growth consequences of monetary policy interventions. We present instrumental variables estimates of the impact of interest rates on real output growth for several European...

Persistent link: https://www.econbiz.de/10014400699

Inflation Targeting and Output Growth : Empirical Evidence for the European Union

International Monetary Fund - 2005

This paper evaluates the performance of two alternative policy rules, a forward-looking rule and a spontaneous adjustment rule, under alternative inflation targets, in terms of output losses in a macroeconomic model, using European Union data. The simulations suggest that forward-looking rules...

Persistent link: https://www.econbiz.de/10014400852

Deconstructing the International Business Cycle : Why Does a U.S. Sneeze Give the Rest of the World a Cold?

International Monetary Fund - 2010

The 2008 crisis underscored the interconnectedness of the international business cycle, with U.S. shocks leading to the largest global slowdown since the 1930s. We estimate spillover effects across major advanced country regions in a structural VAR (SVAR) using pre-crisis data. Our new method...

Persistent link: https://www.econbiz.de/10014402644