Showing 1 - 5 of 5
A number of uncertainties about long-term expenditure commitments in industrial countries are examined: (i) the assumptions underlying the projections, (ii) the potential to further reduce non-age-related expenditures, (iii) the implicitly assumed absence of ""shocks,"" and (iv) the potential...
Persistent link: https://www.econbiz.de/10014400928
This paper benchmarks the efficiency of public expenditure in the social sectors in the Russian Federation relative to other countries and among the country''s regions. It finds that there is substantial room for efficiency gains, particularly in health care and social protection, although less...
Persistent link: https://www.econbiz.de/10014400317
Projections of age-related public expenditure growth have raised widespread concerns about fiscal sustainability. This paper examines how total expenditure would develop under four policy rules on public expenditure growth. Some simple arithmetic of expenditure, GDP, and population is reviewed...
Persistent link: https://www.econbiz.de/10014400956
We compile the first large cross-country panel dataset of public sector performance and efficiency, encompassing 114 countries on all income levels from 1980 to 2006, with about 1,800 country-year observations for the education sector and about 900 observations for health. We regress these...
Persistent link: https://www.econbiz.de/10014401855
Putting the pension system on a sustainable footing arguably remains the biggest challenge in Russia''s economic … paper fills this gap by simulating their macroeconomic effects in a DSGE model calibrated to Russia''s economy-the first of …
Persistent link: https://www.econbiz.de/10014401632