Showing 11 - 20 of 88,670
Putting the pension system on a sustainable footing arguably remains the biggest challenge in Russia's economic …
Persistent link: https://www.econbiz.de/10005263824
establish an adequate and farsighted policy framework in the areas of pensions, health insurance, and labor market policies. …
Persistent link: https://www.econbiz.de/10005248253
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
due to population aging, pension reform proposals are also being considered. In this paper we assess the macroeconomic … GDP by 2012. Instead, raising the retirement age and prefunding future aging costs would be needed to keep debt below 60 …
Persistent link: https://www.econbiz.de/10005263864
With a modest recovery in the global economy underway, and amid rising concerns about the sharp increase in government debt in several countries, debate has increasingly focused on the need to identify and implement fiscal exit strategies. This paper reviews the medium-term plans of 25 countries...
Persistent link: https://www.econbiz.de/10008777011
This paper reviews macroeconomic aspects of pension reforms in Latin America, focusing on financial market stability … and fiscal sustainability. Concentration of pension fund portfolios in government bonds remains high, and the lack of new …
Persistent link: https://www.econbiz.de/10005248326
In today's financial system, complex financial institutions are connected through an opaque network of financial exposures. These connections contribute to financial deepening and greater savings allocation efficiency, but are also unstable channels of contagion. Basel III and Solvency II should...
Persistent link: https://www.econbiz.de/10009203537
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 … system. This paper argues that a way forward is to separate the legacy problem from the problem of setting up a new pension …
Persistent link: https://www.econbiz.de/10005769032
retirement age, broadening the tax base, and raising indirect taxes, would be a more growth-friendly strategy than relying …
Persistent link: https://www.econbiz.de/10005599602
of public health care in Colombia during 1993-2008. Parametric pension reforms have focused on increasing the retirement …This paper analyzes the economic rationale for adopting parametric pension reforms and reforms broadening the coverage … security system in Colombia is roughly 160 percent of GDP for pensions and about 97 percent of GDP for the health system. …
Persistent link: https://www.econbiz.de/10005826488