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Pension Regimes and Saving

Pension Regimes and Saving »

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

DOI: http://dx.doi.org/10.5089/9781557756404.084

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

Public pension systems around the world have been criticized in recent years for some serious flaws, including the excessive burden they impose on the public finances and their depressing impact on saving rates. Th...

Unemployment Benefits Versus Conditional Negative Income Taxes

Unemployment Benefits Versus Conditional Negative Income Taxes »

Source: Unemployment Benefits Versus Conditional Negative Income Taxes

Volume/Issue: 1995/65

Series: IMF Working Papers

Author(s): Dennis Snower

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1995

ISBN: 9781451848649

Keywords: unemployment, unemployment benefits, employment, unemployment benefit, unemployment insurance

The paper analyzes the wage-employment effects of replacing unemployment benefits by negative income taxes. It first surveys the major equity and efficiency effects of unemployment benefits versus negative income t...

The Simple Economics of Benefit Transfers

The Simple Economics of Benefit Transfers »

Source: The Simple Economics of Benefit Transfers

Volume/Issue: 1995/5

Series: IMF Working Papers

Author(s): Dennis Snower

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1995

ISBN: 9781451842128

Keywords: unemployment, employment, unemployed, unemployment benefits, labor demand

The paper examines the employment and unemployment implications of permitting unemployed people to use part of their unemployment benefits to provide employment vouchers to the firms that hire them. This opportunit...

Searching for the Virtues of the European Model

Searching for the Virtues of the European Model »

Source: Searching for the Virtues of the European Model

Volume/Issue: 1994/46

Series: IMF Working Papers

Author(s): Gilles Saint-Paul

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 1994

ISBN: 9781451973853

Keywords: wage, minimum wage, unemployment, unemployed, benefits

The distributional effects of the minimum wage are analyzed in a model where skilled and unskilled labor enter the production function. It is argued that distributional goals are best achieved by letting the labor...

Appendix I Pension Arrangements in an Overlapping-Generations Model

Appendix I Pension Arrangements in an Overlapping-Generations Model »

Source: Pension Regimes and Saving

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

Blanchard and Fischer (1989) and illustrates the main findings of the text of this paper: that the introduction of a fully funded pension scheme should have no impact on the level of private sav...

Appendix III Brief Notes on the Pension Regimes of Selected Countries

Appendix III Brief Notes on the Pension Regimes of Selected Countries »

Source: Pension Regimes and Saving

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

Private Plans in Selected Industrial Countries...

III Public Pension Plans, Their Reform, and Saving

III Public Pension Plans, Their Reform, and Saving »

Source: Pension Regimes and Saving

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

Appendix I....

Appendix II Notes on the Empirical Literature on Pensions and Saving

Appendix II Notes on the Empirical Literature on Pensions and Saving »

Source: Pension Regimes and Saving

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

Given the theoretical ambiguity of the precise relationship between pensions and saving, the various statistical techniques that have been used to analyze it, and the diversity in actual pension systems and...

II Pension Regimes and Saving—A Framework for Analysis

II Pension Regimes and Saving—A Framework for Analysis »

Source: Pension Regimes and Saving

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

Box 1; Table 1), as well as on the forces and influences that motivate saving by individuals. 3 The life-cycle hypothesis (LCH) of consumption, although somewhat ext...

I Introduction and Summary

I Introduction and Summary »

Source: Pension Regimes and Saving

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

Chand and Jaeger (1996) for further discussion). High payroll tax rates necessitated by the impact of adverse demographics on public pension systems and health plans are already common in the OE...