Showing 1 - 10 of 323
The paper presents a general equilibrium framework for short-run macroeconomic analysis in a developing country context where controls on interest rates and foreign exchange restrictions lead to the emergence of informal financial markets. The complexity of the model precludes an analytical...
Persistent link: https://www.econbiz.de/10014397805
This paper analyzes the performance and development of the Mexican pension annuity market in Mexico that stemmed from … with management of specialized annuity companies. The paper is structured as follows: section one gives introduction …; section two briefly summarizes the 1992 and 1997 pension reforms from which the pension annuity market derives; section three …
Persistent link: https://www.econbiz.de/10013255589
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 … recommendations for increasing coverage, improving efficiency, and delivering sustainable retirement income in the payout phase. This …
Persistent link: https://www.econbiz.de/10012646631
The penetration level of the insurance and pension sectors in Malawi is low, but it seems adequate as compared with other countries in similar stages of development. Concentration and costs are high, the regulatory framework is outdated or inexistent and supervision is weak. An innovative pilot...
Persistent link: https://www.econbiz.de/10012247124
In the next 30-40 years, past changes in fertility and mortality will lead to a significant increase in the share of 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...
Persistent link: https://www.econbiz.de/10014396157
increasing the mandatory retirement age is discussed. We also calculate rates of return on the participation in the Belgian …
Persistent link: https://www.econbiz.de/10014396528
This technical note examines pensions with profit contracts in Denmark. The Danish life insurance and pension sector is sensitive to a range of risks on both the asset and liability side of the balance sheet. One of the principal vulnerabilities for the sector arises out of the requirement to...
Persistent link: https://www.econbiz.de/10014407249
of their newly established second pillars. The rationale for the choice of specialized annuity providers has been, on the …
Persistent link: https://www.econbiz.de/10014404999
The 2007 Article IV Consultation with the Kingdom of the Netherlands explains fiscal policy and financial sector issues. Improvements in the macroeconomic and business environments and technological innovation have contributed positively to Dutch competitiveness. Executive Directors emphasized...
Persistent link: https://www.econbiz.de/10011244152
of their newly established second pillars. The rationale for the choice of specialized annuity providers has been, on the …
Persistent link: https://www.econbiz.de/10011244170