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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

Germany; 2006 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Germa...

International Monetary Fund (IMF); International … - 2006

The three-point VAT increase is part of a package in which unemployment payroll taxes will be reduced. Risks to the recovery are balanced but the range of forecasts for 2007 is unusually wide. The priority for Germany is to transmit its external strength to the domestic economy, thus further...

Persistent link: https://www.econbiz.de/10011244866

The Challenge of Public Pension Reform in Advanced and Emerging Economies

Clements, Benedict J.; Coady, David; Eich, Frank; … - International Monetary Fund (IMF) - 2013

Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where...

Persistent link: https://www.econbiz.de/10010790493

Aging Populations and Public Pension Schemes

Chand, Sheetal K.; Jaeger, Albert - International Monetary Fund (IMF) - 1996

Persistent link: https://www.econbiz.de/10005590852

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 externalities. This paper uses OECD data to distinguish...

Persistent link: https://www.econbiz.de/10005599636

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

Global Aging and Fiscal Policy with International Labor Mobility; A Political Economy Perspective

Tosun, Mehmet S. - International Monetary Fund (IMF) - 2005

This paper uses an overlapping generations model with international labor mobility and a politically responsive fiscal policy to examine aging in developed and developing regions. Migrant workers change the political structure composed of young and elderly voters in both labor-receiving and...

Persistent link: https://www.econbiz.de/10005605124

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

Spillovers in the Nordic Countries

Mircheva, Borislava; Muir, Dirk - International Monetary Fund (IMF) - 2015

Denmark, Finland, Norway, and Sweden form a tightly integrated region which has strong ties with the euro area as well … of integration among the four Nordic economies. These differences are driven by the fact that Denmark and Finland have no … independent monetary policy, and Denmark and Norway are net energy exporters while Finland and Sweden are energy importers. We …

Persistent link: https://www.econbiz.de/10011242239

Nordic Regional Report; Selected Issues

International Monetary Fund (IMF); International … - 2013

and high household debt. The economic performance of the four continental Nordic economies (Denmark, Finland, Norway, and …

Persistent link: https://www.econbiz.de/10011243046