Narrow search
Showing 1 - 10 of 293
Cover Image
On the financial sustainability of earnings-related pension schemes with "pay-as-you-go" financing and the role of government indexed bonds
Robalino, David A. - 2006
"In this paper the authors reconsider the idea of an earnings-related pension system with reserves invested in indexed government bonds as a mechanism to both ensure financial sustainability and improve security. They start by reviewing the characterization of the sustainable rate of return of...
Persistent link: https://www.econbiz.de/10010522096
Cover Image
On the contribution of demographic change to aggregate poverty measures for the developing world
Ravallion, Martin - 2005
"Recent literature and new data help determine plausible bounds to some key demographic differences between the poor and non-poor in the developing world. The author estimates that selective mortality-whereby poorer people tend to have higher death rates-accounts for 10-30 percent of the...
Persistent link: https://www.econbiz.de/10010522620
Cover Image
Mali - The Demographic Challenge
World Bank - 2012
, especially infant and child mortality, has decreased rapidly, fertility has remained high over the past decades, equaling 6 … or rapid fertility decline scenarios. Chapter two is dedicated to the future implications of these demographic trends. It … into motion a decline in fertility and presents practical recommendations. …
Persistent link: https://www.econbiz.de/10012550683
Cover Image
Transition : Paying for a Shift from Pay-as-You-Go Financing to Funded Pensions
World Bank - 2012
There is a widespread perception that public pension systems in richer countries are in crisis. As schemes mature and the population ages, the burden of financing pensions has grown and, on current policies, will rise much further. Developing countries are younger and pension systems relatively...
Persistent link: https://www.econbiz.de/10012556337
Cover Image
Optimal devaluations
Hevia, Constantino - 2009
"According to the conventional wisdom, when an economy enters a recession and nominal prices adjust slowly, the monetary authority should devalue the domestic currency to make the recession less severe. The reason is that a devaluation of the currency lowers the relative price of non-tradable...
Persistent link: https://www.econbiz.de/10011394220
Cover Image
Notional Accounts : Notional Defined Contribution Plans as a Pension Reform Strategy
World Bank - 2012
Notional accounts are designed to mimic a defined contribution plan, where the pension depends on contributions and investment returns. (For this reason, they are sometimes called notional, defined-contribution schemes). Pension contributions are tracked in accounts which earn a rate of return....
Persistent link: https://www.econbiz.de/10012556339
Cover Image
The demographic and socio-economic distribution of excess mortality during the 1994 genocide in Rwanda
Walque, Damien de - 2009
"There is an extensive literature on violent conflicts such as the 1994 Rwandan genocide, but few papers examine the profiles of victims and perpetrators, or more broadly the micro-level dynamics of widespread violence. This paper studies the demographic consequences of the Rwandan genocide and...
Persistent link: https://www.econbiz.de/10011394144
Cover Image
The long-term legacy of the Khmer Rouge period in Cambodia
Walque, Damien de - 2004
high and selective mortality had a major impact on the population structure of Cambodia. Fertility and marriage rates were …
Persistent link: https://www.econbiz.de/10010522889
Cover Image
Population age structure and the budget deficit
Chen, Derek Hung Chiat - 2004
countries as well as across time. By way of an extension of the untested theory of negative bequest motives advocated by …
Persistent link: https://www.econbiz.de/10010522900