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This paper presents a technical note on Mexico’s Financial Sector Assessment Program update. The Mexican experience displays interesting characteristics that provide lessons for other countries that still need to design the decumulation phase of their newly established second pillars. The...
Persistent link: https://www.econbiz.de/10011244170
it is generally successful in explaining bilateral financial flows. If the pension gap were to be financed through the …
Persistent link: https://www.econbiz.de/10011245351
This Selected Issues paper examines the long-term issues with pension expenditures in the Netherlands. The paper … highlights that the public pension for a single person is equal to 70 percent of the (statutory) minimum wage. The minimum wage … and public pensions thus move in lock-step; they are both by law indexed to contract wages in the private sector. This …
Persistent link: https://www.econbiz.de/10005252658
This Selected Issues paper on Chile assesses the long-term outlook of Chile’s private pension system. The paper …
Persistent link: https://www.econbiz.de/10005591527
This Selected Issues paper reviews developments during 2001–02 in the Belarusian pension system, and discusses … potential short- and medium-term reforms needed to put pension system finances on a sustainable path. The paper presents a short … overview of demographic trends and developments in Belarus and their impact on the pension system. It discusses the financial …
Persistent link: https://www.econbiz.de/10005598852
This Selected Issues paper explores the economic consequences of aging and its impact on long-term fiscal sustainability for Cyprus. The study analyzes the potential macroeconomic impact of different approaches to deal with the fiscal costs of aging. It goes beyond a simple quantification of the...
Persistent link: https://www.econbiz.de/10011243631
using a generational accounting framework. A simulation of retirement incentives suggests that the pension system will …
Persistent link: https://www.econbiz.de/10011243442
benefits should be decoupled from average wages, and social transfers could be reoriented towards in–work social benefits. This …
Persistent link: https://www.econbiz.de/10012446156
benefits should be decoupled from average wages, and social transfers could be reoriented towards in–work social benefits. This …
Persistent link: https://www.econbiz.de/10008527409
After steady employment growth since the 1990s, Spain has experienced the sharpest increase in unemployment among OECD countries during the crisis, amplified by structural problems of the labour market. Very high de facto severance payment of permanent contracts has resulted in a rigid dual...
Persistent link: https://www.econbiz.de/10008854032