Global Aging and Declining World Interest Rates : Macroeconomic Insurance Through Pension Reform in Cyprus /

How will the world-wide decline in real interest rates associated with global aging affect small open economies (SOEs) with aging populations? Lower interest rates will result in higher capital-labor ratios and increased wages; higher wages, in turn, will be passed on to pension benefits, exacerbati...

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Detaylı Bibliyografya
Yazar: Hoffmaister, Willy
Diğer Yazarlar: Catalan, Mario, Guajardo, Jaime
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2008.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2008/098
Online Erişim:Full text available on IMF