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...

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Bibliografiska uppgifter
Huvudupphovsman: Catalan, Mario
Övriga upphovsmän: Magud, Nicolas
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2012.
Serie:IMF Working Papers; Working Paper ; No. 2012/283
Länkar:Full text available on IMF