Pension Reform and the Fiscal Policy Stance /

The increased budget deficit caused by the privatization of a public pension plan does not imply a relaxation of the stance of fiscal policy. The reform's impact on the fiscal stance and national saving depends primarily on its effect on the sum of explicit and implicit public debt and on the p...

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Autor principal: Gerson, Philip
Altres autors: Cuevas, Alfredo, Heller, Peter, Mackenzie, George
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2001.
Col·lecció:IMF Working Papers; Working Paper ; No. 2001/214
Accés en línia:Full text available on IMF

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