Pension Reform, Private Saving, and the Current Account in a Small Open Economy /
The macroeconomic implications of a pension reform that substitutes a high-return fully-funded system for a low-return pay-as-you-go system are discussed in an overlapping generations, neoclassical growth model. With forward-looking individuals, a debt-financed reform worsens the current account, wh...
| Hovedforfatter: | Schimmelpfennig, Axel |
|---|---|
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2000.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 2000/171 |
| Online adgang: | Full text available on IMF |
Lignende værker
-
Precautionary Savings in a Small Open Economy Revisited /
af: Roitman, Agustin
Udgivet: (2011) -
Imperfect Information and Saving in a Small Open Economy /
af: Roitman, Agustin
Udgivet: (2011) -
A Tradeoff between the Output and Current Account Effects of Pension Reform /
af: Catalan, Mario
Udgivet: (2012) -
Long-Term Trends in the Saving-Investment Balance and Persistent Current Account Surpluses in a Small Open Economy : The Case of the Netherlands /
af: Halikias, Ioannis
Udgivet: (1996) -
Pension Regimes and Saving /
af: Cuevas, Alfredo
Udgivet: (1997)