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Aging and Social Expenditure in the Major Industrial Countries, 1980-2025

Aging and Social Expenditure in the Major Industrial Countries, 1980-2025 »

Series: Occasional Papers

Author(s): Edgardo Ruggiero , Peter Heller , Menachem Katz , Robert Feldman , Richard Hemming , Peter Kohnert , Ziba Farhadian , Donogh McDonald , Ahsan Mansur , and Bernard Nivollet

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1986

DOI: http://dx.doi.org/10.5089/9780939934683.084

ISBN: 9780939934683

Keywords: expenditure, pension, social expenditure, pensions, unemployment

Most of the seven major industrial countries are now experiencing significant changes in their demographic structure. A persistent pattern of declining fertility and improving life expectancy has created major segm...

Back Matter

Back Matter »

Source: Aging and Social Expenditure in the Major Industrial Countries, 1980-2025

Series: Occasional Papers

Author(s): Edgardo Ruggiero , Peter Heller , Menachem Katz , Robert Feldman , Richard Hemming , Peter Kohnert , Ziba Farhadian , Donogh McDonald , Ahsan Mansur , and Bernard Nivollet

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1986

ISBN: 9780939934683

Keywords: expenditure, pension, social expenditure, pensions, unemployment

Most of the seven major industrial countries are now experiencing significant changes in their demographic structure. A persistent pattern of declining fertility and improving life expectancy has created major segm...

Front Matter

Front Matter »

Source: Aging and Social Expenditure in the Major Industrial Countries, 1980-2025

Series: Occasional Papers

Author(s): Edgardo Ruggiero , Peter Heller , Menachem Katz , Robert Feldman , Richard Hemming , Peter Kohnert , Ziba Farhadian , Donogh McDonald , Ahsan Mansur , and Bernard Nivollet

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1986

ISBN: 9780939934683

Keywords: expenditure, pension, social expenditure, pensions, unemployment

Most of the seven major industrial countries are now experiencing significant changes in their demographic structure. A persistent pattern of declining fertility and improving life expectancy has created major segm...

Appendix I Data and Definitions

Appendix I Data and Definitions »

Source: Experience with Large Fiscal Adjustments

Series: Occasional Papers

Author(s): Mark Horton , George Tsibouris , Wojciech Maliszewski , and Mark Flanagan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 2006

ISBN: 9781589064584

Keywords: Fiscal management, expenditure, fiscal adjustment, expenditures, fiscal adjustments, fiscal policy

An adjustment episode is defined as any year or succession of years of uninterrupted improvement in the fiscal primary balance, and focuses on the consolidated central government (o...

Appendix II Large Fiscal Adjustment Episodes

Appendix II Large Fiscal Adjustment Episodes »

Source: Experience with Large Fiscal Adjustments

Series: Occasional Papers

Author(s): Mark Horton , George Tsibouris , Wojciech Maliszewski , and Mark Flanagan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 2006

ISBN: 9781589064584

Keywords: Fiscal management, expenditure, fiscal adjustment, expenditures, fiscal adjustments, fiscal policy

Table A2.1. Large Fiscal Adjustment Episodes 1...

Appendix III Case Studies of Large Fiscal Adjustment

Appendix III Case Studies of Large Fiscal Adjustment »

Source: Experience with Large Fiscal Adjustments

Series: Occasional Papers

Author(s): Mark Horton , George Tsibouris , Wojciech Maliszewski , and Mark Flanagan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 2006

ISBN: 9781589064584

Keywords: Fiscal management, expenditure, fiscal adjustment, expenditures, fiscal adjustments, fiscal policy

Thirteen case studies were prepared to supplement the empirical analysis. 19 The case studies offer further evidence about success and adjustment d...

Appendix IV Econometric Methodology

Appendix IV Econometric Methodology »

Source: Experience with Large Fiscal Adjustments

Series: Occasional Papers

Author(s): Mark Horton , George Tsibouris , Wojciech Maliszewski , and Mark Flanagan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 2006

ISBN: 9781589064584

Keywords: Fiscal management, expenditure, fiscal adjustment, expenditures, fiscal adjustments, fiscal policy

The duration of fiscal consolidation can be expressed by a hazard function. A hazard function measures the probability that a fiscal consolidation will end in time period t, provide...

Appendix V Macroeconomic Impact of Fiscal Adjustment

Appendix V Macroeconomic Impact of Fiscal Adjustment »

Source: Experience with Large Fiscal Adjustments

Series: Occasional Papers

Author(s): Mark Horton , George Tsibouris , Wojciech Maliszewski , and Mark Flanagan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 2006

ISBN: 9781589064584

Keywords: Fiscal management, expenditure, fiscal adjustment, expenditures, fiscal adjustments, fiscal policy

Figure A5.1. Event Studies: Key Macroeconomic Indicators (Annual percentage change, unless indicated otherwise)...

The Challenge of Public Pension Reform in Advanced and Emerging Economies

The Challenge of Public Pension Reform in Advanced and Emerging Economies »

Series: Occasional Papers

Author(s): Benedict Clements , David Coady , Frank Eich , Sanjeev Gupta , Alvar Kangur , Baoping Shang , and Mauricio Soto

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2016

Language: Chinese

DOI: http://dx.doi.org/10.5089/9787504979971.084

ISBN: 9787504979971

Keywords: Pension reforms, Developed countries, Emerging markets, Pensions, Government expenditures, Cross country analysis, emerging market economies, retirement, pensions, pension spending

Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population...

Experience with Large Fiscal Adjustments

Experience with Large Fiscal Adjustments »

Series: Occasional Papers

Author(s): Mark Horton , George Tsibouris , Wojciech Maliszewski , and Mark Flanagan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 2006

DOI: http://dx.doi.org/10.5089/9781589064584.084

ISBN: 9781589064584

Keywords: Fiscal management, expenditure, fiscal adjustment, expenditures, fiscal adjustments, fiscal policy

When policymakers have little option but to consider a sizable fiscal adjustment, they are confronted by the following questions: Can a large fiscal adjustment be implemented succesfully? How is a large adjustment...