also assesses the relative efficiency of spending in education and health. The Slovak Republic spends more on social … benefits and less on wages compared to the EU and OECD average. While it manages to translate the low expenditures into … outcomes in an efficient manner in the education sector, this is not true for health. Moreover, the recent increases in …

. Particular attention is paid to aggregate saving behavior which is modeled on the basis of empirical age-earnings profiles using … implications of population aging in Japan. Particular attention is paid to aggregate saving behavior which is modeled on the basis … framework to examine the economic implications of population aging in Japan. Particular attention is paid to aggregate saving …

Many Asian countries (such as China, Singapore, Korea, Thailand, Malaysia, Indonesia, India, and the Philippines) will … establish an adequate and farsighted policy framework in the areas of pensions, health insurance, and labor market policies. …

Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly … promote more sustainable and inclusive growth in Korea. In particular, simulation results suggest that social spending which …?there is still a social spending gap relative to Korea's OECD peers. Because of several fiscal challenges in t …

This paper constructs an industry-level dataset of productivity across advanced economies, showing that Korea's labor …-level productivity gaps in Korea with respect to the global frontier, especially in market-oriented services. Using the OECD's Product … exposed to regulation. The results confirm the potential for Korea to boost overall productivity and growth through PMR …