Coping with Spain's Aging : Retirement Rules and Incentives /

This paper evaluates the macroeconomic and welfare effects of extending the averaging period used to calculate pension benefits in a pay-as-you-go system. It also examines the complementarities between reforms extending the averaging period and those increasing the retirement age under alternative t...

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Detalles Bibliográficos
Autor principal: Hoffmaister, Willy
Otros Autores: Catalan, Mario, Guajardo, Jaime
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2007.
Colección:IMF Working Papers; Working Paper ; No. 2007/122
Acceso en línea:Full text available on IMF