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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| Další autoři: | , |
| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
2008.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2008/098 |
| On-line přístup: | Full text available on IMF |