Series: IMF Working Papers
Author(s): Joana Pereira , Philippe Karam , Dirk Muir , and Anita Tuladhar
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2010
Keywords: OLG models, pension, retirement, public pension, retirement age, pension reform, Social Security and Public Pensions, Open Economy Macroeconomics, Macroeconomic - Aspects Of Public Finance, Macroeconomic Policy,
The paper explores the macroeconomic effects of three public pension reforms, namely an increase in retirement age, a reduction in benefits and an increase in contribution rates. Using a five-region version of the...