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We analyze the potential costs of longevity risk and highlight the importance of updated mortality tables
Persistent link: https://www.econbiz.de/10009195402
pensions, which are most closely related to the management of the risks of an aging population, have for a number of years …. In another exercise, using the mortality table estimated in this work, we found that if pensions in Chile are not to lose …
Persistent link: https://www.econbiz.de/10010784818
: vulnerability to poverty, investment, and consumption smoothing. Even though we cannot find a significant effect on vulnerability …
Persistent link: https://www.econbiz.de/10010270149
: vulnerability to poverty, investment, and consumption smoothing. Even though we cannot find a significant effect on vulnerability …
Persistent link: https://www.econbiz.de/10008564829
Financial inclusion and financial literacy are receiving increasing attention for their potential to contribute to economic and financial development while fostering more inclusive growth and greater income equality. In general, the progress of financial inclusion and financial development in...
Persistent link: https://www.econbiz.de/10011944262
Financial inclusion and financial literacy are receiving increasing attention for their potential to contribute to economic and financial development while fostering more inclusive growth and greater income equality. In general, the progress of financial inclusion and financial development in...
Persistent link: https://www.econbiz.de/10011913480
The aging process we are witnessing in the majority of developed countries is raising financial sustainability problems in the pay-as-you-go pension system. The reforms designed to re-establish the financial equilibrium of pension systems may put one of the most important objectives of these...
Persistent link: https://www.econbiz.de/10010857999
Low investment rates are limiting Brazil’s future potential growth rate. This paper analyses a number of potential reasons for these low investment rates and discusses policy options to achieve faster capital accumulation. A shortage of domestic saving appears to be a major constraint to...
Persistent link: https://www.econbiz.de/10009350673
transfers to and from the Brazilian State. Among the transfers from the State are wages of public workers, pensions and social … and pensions - are very concentrated and regressive. Factors related to the private sector are still concentrated, but …
Persistent link: https://www.econbiz.de/10010330898
Security pensions, unemployment benefits and Social Assistance transfers. The income flows to the State comprise direct taxes … pensions - are very concentrated and regressive. Factors related to the private sector are still concentrated, but progressive …
Persistent link: https://www.econbiz.de/10012234206