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...

詳細記述

書誌詳細
第一著者: Hoffmaister, Willy
その他の著者: Catalan, Mario, Guajardo, Jaime
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2008.
シリーズ:IMF Working Papers; Working Paper ; No. 2008/098
オンライン・アクセス:Full text available on IMF