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The Aging of the Population and the Size of the Welfare State
Swagel, Phillip; Sadka, Efraim; Razin, Assaf - International Monetary Fund (IMF) - 2002
Data for the United States and countries in Western Europe indicate a negative correlation between the dependency ratio and both labor tax rates and the generosity of social transfers, after controlling for other factors that influence the size of the welfare state. This is despite the increased...
Persistent link: https://www.econbiz.de/10005825663
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Social Sector Reform in Transition Countries
Keller, Christian; Heller, Peter S. - International Monetary Fund (IMF) - 2001
During the transition process, many existing social sector institutions and policies were significantly eroded and their underlying character changed. As a result, they often do not redistribute to the poorest, nor generally serve the role of facilitating economic change. Social sector reforms...
Persistent link: https://www.econbiz.de/10005264010
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Public Pension Reform: A Primer
Jousten, Alain - International Monetary Fund (IMF) - 2007
The present paper reviews key issues in pension design and pension reform encountered all across the world. The paper heavily refers to the recent U.S. Social Security reform debate in general and to the Personal Retirement Accounts proposal in particular. A particular emphasis is put on...
Persistent link: https://www.econbiz.de/10005826298
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Modeling Politics with Economics tools; A Critical Survey of the Literature
Olters, Jan-Peter - International Monetary Fund (IMF) - 2001
Whereas the economics discipline possesses a highly refined theoretical apparatus to analyze the effects of government behaviour on the economy, it has not (yet) managed to fully develop a positively formulated "economic theory of politics" that would permit the integration of the...
Persistent link: https://www.econbiz.de/10005605269
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The Limits of Market-Based Risk Transfer and Implications for Managing Systemic Risks
Blancher, Nicolas R.; Haas, François; Kiff, John; … - International Monetary Fund (IMF) - 2006
The paper discusses the limits to market-based risk transfer in the financial system and the implications for the management of systemic long-term financial risks. Financial instruments or markets to transfer and better manage these risks across institutions and sectors are, as yet, either...
Persistent link: https://www.econbiz.de/10005599607
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Hong Kong Special Administrative Region; Macroeconomic Impact of An Aging Population in a Highly Open Economy
Leigh, Lamin - International Monetary Fund (IMF) - 2006
Hong Kong SAR's population is aging rapidly. This paper concludes that, without a change in policies, aging could adversely affect growth and living standards. While higher labor productivity growth and increased migration of younger skilled workers from the Chinese mainland, would attenuate the...
Persistent link: https://www.econbiz.de/10005604947
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Alternative Social Security Systems in CIS Countries
Ahmad, Ehtisham; Schneider, Jean-Luc - International Monetary Fund (IMF) - 1993
In the USSR in 1990, social security reforms led to the imposition of a uniform system of benefits in a large and demographically diverse country. This required inter-regional transfers, which are now no longer feasible with the demise of the USSR. Relatively high contribution rates also pose a...
Persistent link: https://www.econbiz.de/10005599581
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The Costs and Benefits of Various Wage Bargaining Structures; An Empirical Exploration
Thomas, Alun H. - International Monetary Fund (IMF) - 2002
The literature on the relationship between the unemployment rate and wage bargaining fails to separate the offsetting … effects of a reduction in competition associated with centralized bargaining and the increased awareness of unemployment … unemployment rate in countries that have switched to centralized wage-bargaining arrangements, the industry wage is not …
Persistent link: https://www.econbiz.de/10005599636
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Eurosclerosis or Financial Collapse; Why Did Swedish Incomes Fall Behind?
Cerra, Valerie; Saxena, Sweta Chaman - International Monetary Fund (IMF) - 2005
Sweden represents an archetypal welfare state economy, with extensive government safety nets. Some scholars have attributed a decline in its per capita income ranking since 1970 to "eurosclerosis" or sluggish growth caused by distortionary policies. This paper argues rather, that the permanent...
Persistent link: https://www.econbiz.de/10005605036
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Short-And Long-Term Poverty and Social Policy in a "Snakes and Ladders" Model of Growth
Cuevas, Alfredo - International Monetary Fund (IMF) - 2001
Throughout the world, the great popularity of programs to protect those who may fall into poverty stands in contrast with the weakness of policies aimed at helping individuals who are already poor to overcome long-term poverty. In the paper, an OLG model with persistent poverty and limited...
Persistent link: https://www.econbiz.de/10005826665