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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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Who Saves in Ireland? T+L3251he Micro Evidence
Badia, Marialuz Moreno - International Monetary Fund (IMF) - 2006
This paper provides detailed empirical evidence on the saving behavior of Irish households using micro data from the 1994/95 and 1999/2000 Household Budget Surveys. I employ synthetic cohort techniques to characterize the life cycle profile of saving rates and to examine the response of...
Persistent link: https://www.econbiz.de/10005263766
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Macroeconomic Effects of Pension Reform in Russia
Hauner, David - International Monetary Fund (IMF) - 2008
Putting the pension system on a sustainable footing arguably remains the biggest challenge in Russia's economic …
Persistent link: https://www.econbiz.de/10005263824
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Tax and Pension Reform in the Czech Republic-Implications for Growth and Debt Sustainability
Botman, Dennis P. J.; Tuladhar, Anita - International Monetary Fund (IMF) - 2008
due to population aging, pension reform proposals are also being considered. In this paper we assess the macroeconomic …
Persistent link: https://www.econbiz.de/10005263864
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Population Aging and Long-Term Fiscal Sustainability in Austria
Eskesen, Leif Lybecker - International Monetary Fund (IMF) - 2002
recent pension and labor market reforms. Consequently, to ensure long-term sustainability, pension reform must go further and …
Persistent link: https://www.econbiz.de/10005263966
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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
, in turn, will be passed on to pension benefits, exacerbating aging-related fiscal pressures. The pass-through effect will … paper illustrates the interest rates transmission mechanism and its interaction with pension indexation for the case of … Cyprus. In addition, the paper evaluates the capacity of pension reforms to insure the economy against long-run movements in …
Persistent link: https://www.econbiz.de/10005263971
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Social Sector Reform in Transition Countries
Keller, Christian; Heller, Peter S. - International Monetary Fund (IMF) - 2001
During the transition process, many existing social sector institutions and policies were significantly eroded and their underlying character changed. As a result, they often do not redistribute to the poorest, nor generally serve the role of facilitating economic change. Social sector reforms...
Persistent link: https://www.econbiz.de/10005264010
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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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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 … and strengthening the financial performance of the pension fund. In addition, it proposes the establishment of a voluntary …
Persistent link: https://www.econbiz.de/10005264178
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The Aging of the Population and the Size of the Welfare State
Swagel, Phillip; Sadka, Efraim; Razin, Assaf - International Monetary Fund (IMF) - 2002
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