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Government Spendingon Health Care and Education in Croatia; Efficiency and Reform Options
Gunnarsson, Victoria; Jafarov, Etibar - International Monetary Fund (IMF) - 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/10005826654
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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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The Health Sector in the Slovak Republic; Efficiency and Reform
Gunnarsson, Victoria; Lugaresi, Sergio; Verhoeven, Marijn - International Monetary Fund (IMF) - 2007
The paper assesses the financial situation of the health sector in the Slovak Republic. It also evaluates the efficiency of health expenditures and service delivery in comparison to the OECD and other new EU member states and suggests avenues for cost recovery and reform. The health sector of...
Persistent link: https://www.econbiz.de/10005605016
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Quality of Government and Living Standards; Adjusting for the Efficiency of Public Spending
Grigoli, Francesco; Ley, Eduardo - International Monetary Fund (IMF) - 2012
It is generally acknowledged that the government’s output is difficult to define and its value is hard to measure. The practical solution, adopted by national accounts systems, is to equate output to input costs. However, several studies estimate significant inefficiencies in government...
Persistent link: https://www.econbiz.de/10011242341
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Global Aging and Declining World Interest Rates; Macroeconomic Insurance Through Pension Reform in Cyprus
Hoffmaister, Alexander W.; Guajardo, Jaime; Catalán, Mario - International Monetary Fund (IMF) - 2008
) with aging populations? Lower interest rates will result in higher capital-labor ratios and increased wages; higher wages … be stronger if pensions are indexed to nominal wages rather than prices. Using an overlapping generations model, the … wages to prices, provide substantial macro-insurance and shock absorption benefits. …
Persistent link: https://www.econbiz.de/10005263971
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Financial Sustainability and Reform Options for the Albanian Pension Fund
Treichel, Volker - International Monetary Fund (IMF) - 2001
This paper studies the financial sustainability of the Albanian pension fund and assesses possible options for its reform. The paper concludes that the pension fund is not sustainable in its current form and proposes for the urban scheme a combination of parametric changes to the existing...
Persistent link: https://www.econbiz.de/10005264178
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Pension Reform in China; The Need for a New Approach
Dunaway, Steven Vincent; Arora, Vivek B. - International Monetary Fund (IMF) - 2007
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
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Coping with Spain's Aging; Retirement Rules and Incentives
Hoffmaister, Alexander W.; Catalán, Mario; Guajardo, Jaime - International Monetary Fund (IMF) - 2007
This paper evaluates the macroeconomic and welfare effects of extending the averaging period used to calculate pension benefits in a pay-as-you-go system. It also examines the complementarities between reforms extending the averaging period and those increasing the retirement age under...
Persistent link: https://www.econbiz.de/10005769092
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Human Capital Convergence; International Evidence
Sab, Randa; Smith, Stephen C. - International Monetary Fund (IMF) - 2001
In the growth literature, evidence on income convergence is mixed. In the development literature, health and education indicators are also often used. This study examines whether health and education levels are converging across countries and calculates their convergence speed, using data from...
Persistent link: https://www.econbiz.de/10005248134