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 …

This paper estimates and discusses some of the potential labour market implications arising from the rapid ageing of …

The long-term sustainability of the public finance in the context of population ageing is becoming a hot topic in most … ageing assuming a preservation of the current Czech pension security scheme in the period up to 2050. The analysis is based …

. This study concentrates on the effects of ageing on the evolution of global interest rates and financial flows. The study …

. This study concentrates on the effects of ageing on the evolution of global interest rates and financial flows. The study …

The paper examines formation and sustainability of Pay-As-You-Go pension systems within the consequences of the ageing …, reciprocal causation between pension systems and ageing is stressed. The paper concludes that the World Bank’s first pillar …

ageing. When the responses of labour supply, wages, and hence private consumption, to higher taxation are consistently … accounted for, population ageing has clearly much larger effects on public finance, when compared to mechanical sustainability … burden of ageing. This is due to the fact that stochastic variation in the length of working time has only a relatively small …