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In this paper the OECD’s interlink model is used to explore several possible channels through which a narrowing of the US current account deficit could occur. The shocks considered include dollar depreciation, fiscal consolidation, and an improvement in the non-price competitiveness of US...
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can improve the design of financial incentives to promote savings for retirement. After describing how different countries … design financial incentives to promote savings for retirement in funded pensions, the study calculates the overall tax … fiscal cost of those incentives and their effectiveness in increasing retirement savings, and looks into alternative …
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