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...
Κύριος συγγραφέας: | |
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Άλλοι συγγραφείς: | |
Μορφή: | Επιστημονικό περιοδικό |
Γλώσσα: | English |
Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2012.
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Σειρά: | IMF Working Papers; Working Paper ;
No. 2012/283 |
Διαθέσιμο Online: | Full text available on IMF |