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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Hoffmaister, Willy
Rannpháirtithe: Catalan, Mario, Guajardo, Jaime
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2008.
Sraith:IMF Working Papers; Working Paper ; No. 2008/098
Rochtain ar líne:Full text available on IMF