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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 …
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The finances of the Czech Republic pension system have deteriorated markedly in recent years and the aging population will add further strains in the future. The system is also burdened by significant distortions anf disincentive effects. This paper assesses the current pay-as-you go (PAYG)...
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of public health care in Colombia during 1993-2008. Parametric pension reforms have focused on increasing the retirement …
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This paper analyzes various reform options for Japan's public pension in light of large fiscal consolidation needs of the country. The most attractive option is to increase the pension eligibility age in line with high and rising life expectancy. This would have a positive effect on long-run...
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