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Aging, saving, and public pensions in Japan
Horioka, Charles Yuji; Suzuki, Wataru; Hatta, Tatsuo - 2007
We analyze the impact of population aging on Japan's household saving rate and on its public pension system and the impact of that system on Japan's household saving rate and obtain the following results: first, the age structure of Japan's population can explain the level of, and past and...
Persistent link: https://www.econbiz.de/10010332306
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Public pension and household saving: evidence from China
Feng, Jin; He, Lixin; Sato, Hiroshi - 2009
We relate household saving to pension reform, to explain the high household saving rates in urban China from a new perspective. We use the exogenous - policy induced - variation in pension wealth to explicitly estimate the impact of pension wealth on household saving, and obtain a significant...
Persistent link: https://www.econbiz.de/10012148577
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The Funded Pension Scheme in Uzbekistan: An Analysis
Khasanbaev, Alisher; Pfau, Wade Donald - Volkswirtschaftliche Fakultät, … - 2009
, countries which implement only pay-as-you-go pensions face fiscal deficits. This paper examines Uzbekistan’s statutory pension …
Persistent link: https://www.econbiz.de/10008458523
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Public pension and household saving: Evidence from China
Feng, Jin; He, Lixin; Sato, Hiroshi - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2009
We relate household saving to pension reform, to explain the high household saving rates in urban China from a new perspective. We use the exogenous – policy induced - variation in pension wealth to explicitly estimate the impact of pension wealth on household saving, and obtain a significant...
Persistent link: https://www.econbiz.de/10005771112
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Pensions at a glance: public policies across OECD countries
Whitehouse, Edward; Queisser, Monika - Volkswirtschaftliche Fakultät, … - 2007
This second edition of Pensions at a Glance updates all the important indicators of retirement-income systems developed … private pensions, which use the OECD pension models to explore more deeply the central issues of pension policy in national … between pension benefit and pre-retirement earnings, from mandatory pensions is 58.7%. But taxes play an important role in old …
Persistent link: https://www.econbiz.de/10005061685
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The Impact of Spanish Pension Reform on Expenditure: a Quick Estimate
Fuente, Angel de la; Doménech, Rafael - Barcelona Graduate School of Economics (Barcelona GSE) - 2011
-called sustainability factor) so as to have in place a mechanism that can be used to modulate the rhythm and scope of the reform if the …
Persistent link: https://www.econbiz.de/10011019691
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The automatic adjustment of pension expenditures in Spain:an evaluation of the 2013 pension reform
Sánchez, Alfonso R. - Banco de España - 2014
This paper simulates the future performance of the Spanish pension system using a large OLG model. We compare the system in place after the 2011 pension reform to that emerging after the latest (2013) institutional changes. In particular, we explore the workings of the new indexing mechanism,...
Persistent link: https://www.econbiz.de/10010812052
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The financial impact of Spanish pension reform. A quick estimate
De la Fuente, Angel; Domenech, Rafael - BBVA Research, Grupo BBVA - 2012
-called sustainability factor) so as to have in place a mechanism that can be used to modulate the rhythm and scope of the reform if the …
Persistent link: https://www.econbiz.de/10010897068
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Restoring Fiscal Sustainability in Spain
Beynet, Pierre; Fuentes, Andrés; Gillingham, Robert; … - Economics Department, Organisation de Coopération et … - 2011
should be contemplated. Spain also faces a dramatic increase in ageing-related public spending, mostly on account of pensions …Spain’s government has introduced ambitious consolidation measures, which should yield a sizeable improvement in …
Persistent link: https://www.econbiz.de/10008873250
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Transformation of the Pension Systems in OECD Countries after the 2008 Crisis
Halmosi, Péter - In: Public Finance Quarterly 59 (2014) 4, pp. 457-469
Pension systems are among the most important welfare systems of society and they are subject to smaller or more substantial changes on a near-continuous basis. Studying the pension systems of developed countries is considered to be a priority issue in light of the 2008 economic crisis: although...
Persistent link: https://www.econbiz.de/10011122503