Similar Search Results

Strengthening the tax system to reduce inequalities and increase revenues in South Africa

Fall, Falilou - 2022

stabilise the debt ratio in the medium term and fund unmet public services needs. The tax-benefit system needs to be redesigned … around half of total tax revenues, but are levied on small tax bases, partly reflecting the unequal distribution of income …. Only the value-added tax has a relatively broad basis combined with a moderate tax rate. There is some scope to raise …

Persistent link: https://www.econbiz.de/10013523842

Macroeconomic uncertainties, prudent debt targets and fiscal rules

Fall, Falilou; Fournier, Jean-Marc - 2015

The sharp rise in debt experienced by most OECD countries raises questions about the prudent debt level countries should target. It also raises questions about the fiscal frameworks needed to reach them and to accommodate cyclical fluctuations along the path towards a prudent debt target. The...

Persistent link: https://www.econbiz.de/10011399529

Pension reform, assets returns and wealth distribution.

Fall, Falilou - Maison des Sciences Économiques, Université Paris 1 … - 2004

In OLG framework, it is generally admitted that PAYG pension system generates a lower capital accumulation, a higher level of interest rate but is more inequality reducing. By taking into account different assets returns and unequal access to them, we find that the PAYG pension system generates...

Persistent link: https://www.econbiz.de/10005696858

Prudent debt targets and fiscal frameworks

Fall, Falilou; Bloch, Debbie; Fournier, Jean-Marc; … - 2015

The sharp rise in debt experienced by most OECD countries raises questions about debt indicators and the prudent government debt level countries should target. It also raises questions about the fiscal frameworks needed to reach the prudent debt level and to accommodate cyclical fluctuations...

Persistent link: https://www.econbiz.de/10011392796

Government debt indicators : understanding the data

Bloch, Debra; Fall, Falilou - 2015

There is no single “best” indicator for analysing general government debt. This paper examines the various issues in defining and measuring debt, and explores other data which could be useful, both within and beyond the general government debt concept, to better track and analyse fiscal...

Persistent link: https://www.econbiz.de/10011399482

Limits to government debt sustainability

Fournier, Jean-Marc; Fall, Falilou - 2015

The recent euro area sovereign debt crisis has shown the importance of market reactions for the sustainability of debt. The objective of this paper is to calculate endogenous government debt limits given the markets assessment of the probability to default. The estimated primary balance reaction...

Persistent link: https://www.econbiz.de/10011399483

Government Debt Indicators : Understanding the Data

Bloch, Debra; Fall, Falilou - 2015

There is no single "best" indicator for analysing general government debt. This paper examines the various issues in defining and measuring debt, and explores other data which could be useful, both within and beyond the general government debt concept, to better track and analyse fiscal risks...

Persistent link: https://www.econbiz.de/10014132642

Prudent Debt Targets and Fiscal Frameworks

Fall, Falilou - 2015

Persistent link: https://www.econbiz.de/10013017154

Comparing the robustness of PAYG pension schemes

Fall, Falilou - 2014

This paper provides a framework for comparing a defined benefit (DB) and a defined contribution (DC) point schemes, which are both pay-as-you go (PAYG) financed. Two stylised PAYG pension schemes are modelled and simulated to compare their robustness to shocks. The same demographic developments...

Persistent link: https://www.econbiz.de/10010375302

A simulation framework to project pension spending: The Czech pension system

Fall, Falilou - 2021

This paper presents a simulation framework developed to assess the impact of ageing on the financial sustainability of …

Persistent link: https://www.econbiz.de/10012630056