Demographics, Pension Systems and the Saving-Investment Balance /

This paper studies the effect of demographic change on national saving, global interest rates, and international capital flows, focusing on the role of the public pension system. We develop a small open economy overlapping generations model to illustrate the channels through which demographic variab...

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Detaylı Bibliyografya
Yazar: Chai, Hua
Diğer Yazarlar: Il Kim, Jun
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2018.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2018/265
Online Erişim:Full text available on IMF