Showing 1 - 10 of 105
Welfare economics, scope and performance of government, externalities, public goods, cost-benefit analysis, subsidies … addresses externalities, provided the social return is above a threshold. This paper argues that another consideration needs to … be brought into the mix - whether, in spite of the externalities, the private sector has an incentive to undertake the …
Persistent link: https://www.econbiz.de/10010790359
. Macroprudential policies ought to be motivated by market failures and externalities, but these can be hard to identify. They can also …
Persistent link: https://www.econbiz.de/10011142120
in terms of the specific negative externalities in the financial system that these policies are meant to address, and …
Persistent link: https://www.econbiz.de/10011142226
directions and measures aimed at improving living standards and reducing poverty among the population of Uzbekistan for 2005–10 …
Persistent link: https://www.econbiz.de/10005825518
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
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
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
The paper develops a general equilibrium framework to examine the economic implications of population aging in Japan. Particular attention is paid to aggregate saving behavior which is modeled on the basis of empirical age-earnings profiles using a life-cycle approach. The paper's objectives are...
Persistent link: https://www.econbiz.de/10005769220
Analysts agree that raising national saving is one of the key objectives of social security reform in the United States. Hence, to judge the merits of proposals requires a comparison of saving responses. The paper outlines the difficulties involved in making those comparisons, which arise from...
Persistent link: https://www.econbiz.de/10005771367
Persistent link: https://www.econbiz.de/10005590852