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Coping with Spain's Aging

Coping with Spain's Aging »

Source: Coping with Spain's Aging : Retirement Rules and Incentives

Volume/Issue: 2007/122

Series: IMF Working Papers

Author(s): Alexander Hoffmaister , Mario Catalan , and Jaime Guajardo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2007

ISBN: 9781451866865

Keywords: pension reform, dynamic general equilibrium model, and Spanish pension system, pension, retirement, retirement age, tax rate, benefits, Spanish Pension System,

This paper evaluates the macroeconomic and welfare effects of extending the averaging period used to calculate pension benefits in a pay-as-you-go system. It also examines the complementarities between reforms exte...

Fiscal Policy and Growth in the Context of European Integration

Fiscal Policy and Growth in the Context of European Integration »

Source: Fiscal Policy and Growth in the Context of European Integration

Volume/Issue: 2000/133

Series: IMF Working Papers

Author(s): Paul Masson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2000

ISBN: 9781451855487

Keywords: fiscal federalism, tax competition, tax rates, fiscal policies, pension, pensions

The paper considers the issue of whether a supranational fiscal policy in Europe is needed, and, if so, what responsibilities it should undertake. The literature on endogenous growth and the principle of subsidiari...

A Tradeoff between the Output and  Current Account Effects of Pension Reform

A Tradeoff between the Output and Current Account Effects of Pension Reform »

Volume/Issue: 2012/283

Series: IMF Working Papers

Author(s): Mario Catalan , and Nicolas Magud

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 December 2012

DOI: http://dx.doi.org/10.5089/9781475563948.001

ISBN: 9781475563948

Keywords: Pension reform, external balance, dyamic general equilibrium model, pension, retirement, retirement age, pension benefits, benefits, Open Economy Macroeconomics, Social Security and Public Pensions,

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 targe...

Coping with Spain's Aging
			: Retirement Rules and Incentives

Coping with Spain's Aging : Retirement Rules and Incentives »

Volume/Issue: 2007/122

Series: IMF Working Papers

Author(s): Alexander Hoffmaister , Mario Catalan , and Jaime Guajardo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2007

DOI: http://dx.doi.org/10.5089/9781451866865.001

ISBN: 9781451866865

Keywords: pension reform, dynamic general equilibrium model, and Spanish pension system, pension, retirement, retirement age, tax rate, benefits, Spanish Pension System,

This paper evaluates the macroeconomic and welfare effects of extending the averaging period used to calculate pension benefits in a pay-as-you-go system. It also examines the complementarities between reforms exte...

Fiscal Policy and Growth in the Context of European Integration

Fiscal Policy and Growth in the Context of European Integration »

Volume/Issue: 2000/133

Series: IMF Working Papers

Author(s): Paul Masson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2000

DOI: http://dx.doi.org/10.5089/9781451855487.001

ISBN: 9781451855487

Keywords: fiscal federalism, tax competition, tax rates, fiscal policies, pension, pensions

The paper considers the issue of whether a supranational fiscal policy in Europe is needed, and, if so, what responsibilities it should undertake. The literature on endogenous growth and the principle of subsidiari...

Migration and Pension

Migration and Pension »

Volume/Issue: 1998/165

Series: IMF Working Papers

Author(s): Efraim Sadka , and Assaf Razin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1998

DOI: http://dx.doi.org/10.5089/9781451980011.001

ISBN: 9781451980011

Keywords: Low Skilled Migrants, Pay-As-You-Go Pension, Heterogenous Population, Overlapping Generations, migration, pension, pension system, pension benefit, retirement

Migrants, being relatively low earners, are net beneficiaries of the welfare state. However, this paper uses a dynamic model to show that because of migrants’ positive influence on the pension system, which...

The Spanish Social Security
			: Prospects of the Pension and Health-Care Systems

The Spanish Social Security : Prospects of the Pension and Health-Care Systems »

Volume/Issue: 1995/73

Series: IMF Working Papers

Author(s): Joaquim Levy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1995

DOI: http://dx.doi.org/10.5089/9781451849400.001

ISBN: 9781451849400

Keywords: health care, pension, pension system, health-care

The social security system in Spain has steadily expanded since the late 1970s. Currently, social security expenditure exceeds 15 percent of GDP, being a factor of fiscal imbalance. This paper reviews achievements...

Migration and Pension1

Migration and Pension1 »

Source: Migration and Pension

Volume/Issue: 1998/165

Series: IMF Working Papers

Author(s): Efraim Sadka , and Assaf Razin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1998

ISBN: 9781451980011

Keywords: Low Skilled Migrants, Pay-As-You-Go Pension, Heterogenous Population, Overlapping Generations, migration, pension, pension system, pension benefit, retirement

Migrants, being relatively low earners, are net beneficiaries of the welfare state. However, this paper uses a dynamic model to show that because of migrants’ positive influence on the pension system, which...

The Spanish Social Security

The Spanish Social Security »

Source: The Spanish Social Security : Prospects of the Pension and Health-Care Systems

Volume/Issue: 1995/73

Series: IMF Working Papers

Author(s): Joaquim Levy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1995

ISBN: 9781451849400

Keywords: health care, pension, pension system, health-care

The social security system in Spain has steadily expanded since the late 1970s. Currently, social security expenditure exceeds 15 percent of GDP, being a factor of fiscal imbalance. This paper reviews achievements...

A Tradeoff between the Output and  Current Account Effects of Pension Reform

A Tradeoff between the Output and Current Account Effects of Pension Reform »

Source: A Tradeoff between the Output and Current Account Effects of Pension Reform

Volume/Issue: 2012/283

Series: IMF Working Papers

Author(s): Mario Catalan , and Nicolas Magud

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 December 2012

ISBN: 9781475563948

Keywords: Pension reform, external balance, dyamic general equilibrium model, pension, retirement, retirement age, pension benefits, benefits, Open Economy Macroeconomics, Social Security and Public Pensions,

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 targe...