This paper examines the role increasing personal wealth and home equity withdrawal (HEW) have had in the decline in the personal saving rate in the United States. It does so by comparing the U.S. experience with those of Australia, Canada, and the United Kingdom. Mortgage market liberalization...

Los cambios demográficos que ocurren en el Perú y en el resto de países en desarrollo tienen implicancias potenciales sobre un conjunto de sectores, en particular sobre el sistema de seguridad social para la vejez. La naturaleza de los efectos, sin embargo, depende del comportamiento de los...

This paper looks at the overall performance of the CFPR/TUP programme using the 2002 baseline survey and 2005 repeat survey. All the topics covered in this study could be analysed more deeply, but that is beyond the scope of this paper. Our goal here is to present a descriptive overview of the...