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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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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...