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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書目詳細資料
主要作者: Chai, Hua
其他作者: Il Kim, Jun
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2018.
叢編:IMF Working Papers; Working Paper ; No. 2018/265
在線閱讀:Full text available on IMF