A Tradeoff between the Output and Current Account Effects of Pension Reform /

We compare the long-term output and current account effects of pension reforms that increase the retirement age with those of reforms that cut pension benefits, conditional on reforms achieving similar fiscal targets. We show the presence of a policy trade-off. Pension reforms that increase the reti...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Catalan, Mario
Awduron Eraill: Magud, Nicolas
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2012.
Cyfres:IMF Working Papers; Working Paper ; No. 2012/283
Mynediad Ar-lein:Full text available on IMF