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run, particularly for rapidly ageing nations, but also entail non-negligible transitional costs. …
Persistent link: https://www.econbiz.de/10014292762
William B.P. Robson, a co-author with David Slater of a series of papers on pension issues, has written an ambitious survey of the state of Canadian economic policy in the areas of pensions and health care. He argues that it is appropriate to tackle both issues in the same paper because they are...
Persistent link: https://www.econbiz.de/10005481821
Reforming pensions is one of the biggest challenges of the century. All OECD countries have to adjust to the ageing of … system is financially sustainable. Demographers have been warning us for some time that ageing is looming and that when it … solutions could be avoided. All of these factors can certainly help to cope with ageing and especially with the financing of …
Persistent link: https://www.econbiz.de/10005837151
For the purpose of studying the consequences of the ageing of the Swedish population a group of scientists have …
Persistent link: https://www.econbiz.de/10005771040
China’s population is set to age fast, owing to low fertility and rising life expectancy. With ongoing migration of the younger cohorts to urban areas the increase in the old-age dependency ratio will be even more pronounced in rural than in urban areas. Very different pension arrangements...
Persistent link: https://www.econbiz.de/10008542491
finance pension systems threatened by ageing. This paper analyses alternative potential remedies linked to changes in labour …
Persistent link: https://www.econbiz.de/10004984737
As a consequence of early demographic transition, France was the first country to experience population ageing. The … old age were available was rather limited and, in all cases, did not increase so as to face with the ageing process. For …
Persistent link: https://www.econbiz.de/10005069773
We study the effects of demographic shocks and changes in the pension system on the macroeconomic performance of an advanced small open economy. An overlapping-generations model is constructed which includes a realistic description of the mortality process. Individual agents choose their optimal...
Persistent link: https://www.econbiz.de/10005094360
With population ageing, fiscal consolidation has become of paramount importance for euro area countries. Consolidation … can be pursued in various ways, with different effects on potential growth, which itself will be dragged down by ageing. A … pension replacement rates and repaying public debt through a lower ratio of non ageing-related outlays to GDP, c) raising the …
Persistent link: https://www.econbiz.de/10005045902
level of government debt, favourable outlook for output growth, and long-term fiscal costs of ageing which are estimated to … the prospective ageing-related increase in public expenditure, although the government is expected to announce reforms …
Persistent link: https://www.econbiz.de/10005046226