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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Hoffmaister, Willy
अन्य लेखक: Catalan, Mario, Guajardo, Jaime
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2008.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2008/098
ऑनलाइन पहुंच:Full text available on IMF