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Macroeconomic Effects and Policy Challenges of Population Aging
Faruqee, Hamid; Tamirisa, Natalia T. - International Monetary Fund (IMF) - 2006
This paper simulates the macroeconomic effects of population aging in a dynamic overlapping generations model of a small open economy. The model is calibrated to data for the Czech Republic, where population aging is proceeding at a pace comparable to that in other advanced countries in Europe....
Persistent link: https://www.econbiz.de/10005264152
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The Global Impact of Demographic Change
Callen, Tim; McKibbin, Warwick J.; Batini, Nicoletta - International Monetary Fund (IMF) - 2006
The world is in the midst of a major demographic transition. This paper examines the implications of such transition over the next 80 years for Japan, the United States, other industrial countries, and the developing regions of the world using a dynamic intertemporal general equilibrium...
Persistent link: https://www.econbiz.de/10005826038
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The Macroeconomic Effects of Migration From the New European Union Member States to the United Kingdom
Iakova, Dora M. - International Monetary Fund (IMF) - 2007
The United Kingdom allowed workers from the ten new European Union member countries immediate access to its labor market after the accession in 2004. This paper uses a general equilibrium framework to explore the dynamic adjustment of the UK economy to the postaccession surge in immigration....
Persistent link: https://www.econbiz.de/10005605180
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China’s Demography and its Implications
Lee, Il Houng; Qingjun, Xu; Syed, Murtaza H. - International Monetary Fund (IMF) - 2013
In coming decades, China will undergo a notable demographic transformation, with its old-age dependency ratio doubling to 24 percent by 2030 and rising even more precipitously thereafter. This paper uses the permanent income hypothesis to reassess national savings behavior, with greater...
Persistent link: https://www.econbiz.de/10011142029
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The Macroeconomic Impact of HIV/AIDS in Botswana
Sgherri, Silvia; MacFarlan, Maitland - International Monetary Fund (IMF) - 2001
This paper provides an overview of the potential macroeconomic effects of HIV/AIDS in Botswana, focusing on the key channels through which the pandemic is likely to affect the economic outlook and on the uncertainties involved. To estimate the impact of HIV/AIDS, a dual-economy equilibrium model...
Persistent link: https://www.econbiz.de/10005826153
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Education and Health in G7 Countries; Achieving Better Outcomes with Less Spending
Gunnarsson, Victoria; Carcillo, Stéphane; Verhoeven, Marijn - International Monetary Fund (IMF) - 2007
Enhancing the efficiency of education and health spending is a key policy challenge in G7 countries. The paper assesses this efficiency and seeks to establish a link between differences in efficiency across countries and policy and institutional factors. The findings suggest that reforms aimed...
Persistent link: https://www.econbiz.de/10005768819
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What Should Macroeconomists Know About Health Care Policy?
Heller, Peter S. - International Monetary Fund (IMF) - 2007
This primer aims to provide IMF macroeconomists with the essential information they need to address issues concerning health sector policy, particularly when they have significant macroeconomic implications. Such issues can also affect equity and growth and are fundamental to any strategy of...
Persistent link: https://www.econbiz.de/10005599256
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Tradeoff between the Output and Current Account Effects of Pension Reform.
Catalan, Mario - 2012
We compare the long-term output and current account effects of pension reforms that increase the retirement age with … a policy trade-off. Pension reforms that increase the retirement age have a large positive effect on output, but a small …: Increasing the Retirement Age -- C. Reform II: Cutting Pension Benefits -- D. The Long-Run Tradeoff between Output and the …
Persistent link: https://www.econbiz.de/10012690159
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Is Asia Prepared for An Aging Population?
Heller, Peter S. - International Monetary Fund (IMF) - 2006
Many Asian countries (such as China, Singapore, Korea, Thailand, Malaysia, Indonesia, India, and the Philippines) will experience a significant aging of their populations during the next several decades. This paper explores how these aging Asian countries are addressing and anticipating the...
Persistent link: https://www.econbiz.de/10005248253
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Government Spending on Health Care and Education in Croatia
Gunnarsson, Victoria - 2008
This paper assesses the relative efficiency of government spending on health care and education in Croatia by using the so-called Data Envelopment Analysis. The analysis finds evidence of significant inefficiencies in Croatia's spending on health care and education, related to inadequate cost...
Persistent link: https://www.econbiz.de/10012677455