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Studies of the empirical relationship between income and mortality often rely on data aggregated by geographic areas … between individual mortality and lifetime income with a large micro data base of current and former retired participants in … death between low and high lifetime income are on the order of two to three years. Income-related mortality differences …
Persistent link: https://www.econbiz.de/10005264236
using a generational accounting framework. A simulation of retirement incentives suggests that the pension system will … encourage individuals to retire earlier than the statutory full pensionable age. These incentives are stronger for low-income …
Persistent link: https://www.econbiz.de/10011243442
supervisors or the Superintendent. Risk-based regulation and consolidated supervision remain key issues for the future. …
Persistent link: https://www.econbiz.de/10005768448
Preliminary estimates show that pension costs will continue to grow for several years, and controlling and curbing pension costs will be a challenge for Bolivia. Market-friendly reforms could limit the scope for dollarization and its risks. A gradual shift toward a more flexible exchange rate...
Persistent link: https://www.econbiz.de/10005768459
This Selected Issues paper highlights that the authorities in the Republic of Korea recognize the pension policy challenges ahead, and a first wave of reforms has already been launched. Despite the reforms to date, much remains to be done. Without further reforms, the public pension systems in...
Persistent link: https://www.econbiz.de/10005768475
This 2002 Article IV Consultation for the Kingdom of the Netherlands—Aruba highlights that after growing at more than 4 percent per year in 1996–2000, the Aruba economy experienced two years of retrenchment, with GDP falling an estimated 1.2 percent in 2001 and 3.8 percent in 2002....
Persistent link: https://www.econbiz.de/10005768489
This 2005 Article IV Consultation highlights that Belgium’s growth has picked up following weakness in early 2005, mainly reflecting a negative contribution from the external sector and weak household consumption owing to high energy prices. The authorities and the IMF staff project GDP...
Persistent link: https://www.econbiz.de/10005768594
This Selected Issues paper analyzes the macroeconomic impact of workers’ remittances on Moldova. The paper focuses on Moldova’s labor emigration since the late-1990s using survey data designed to shed light on the economic and social consequences of migration. The survey results...
Persistent link: https://www.econbiz.de/10005768595
significant risk that assets will underperform, given the large exposures to the highly-leveraged public sector and to a lesser …
Persistent link: https://www.econbiz.de/10005768869
The rapid aging of China's population over the next few decades makes it important for a new pension system with broad and adequate coverage to be put in place quickly. Pension reforms, first initiated in 1997, have become bogged down in difficulties over dealing with the "legacy costs"...
Persistent link: https://www.econbiz.de/10005769032