00956nam a2200229 i 450099100437403200753620250404095245.0250404s1991 it er 001 0 ita d8816950811Bibl. Dip.le Aggr. Scienze Giuridiche - Sez. Studi GiuridiciitaSocioculturale Scsita327.4523Viganò, Marino389093Il Ministero degli affari esteri e le relazioni internazionali della Repubblica sociale italiana (1943-1945) /Marino ViganòMilano :Jaca Book,1991XXXIX, 677 p. ;23 cmEdizioni universitarie / Jaca ;81Repubblica Sociale ItalianaRelazioni internazionali1943-1945Edizioni universitarie (Jaca) ;81991004374032007536Ministero degli affari esteri e le relazioni internazionali della Repubblica sociale italiana, 1943-1945500279UNISALENTO05766oam 22014054 450 991095966970332120250426110737.09781475579345147557934997814755763511475576358(CKB)2550000001041574(EBL)1607087(SSID)ssj0000943957(PQKBManifestationID)11503133(PQKBTitleCode)TC0000943957(PQKBWorkID)10995267(PQKB)10757673(Au-PeEL)EBL1607087(CaPaEBR)ebr10661265(OCoLC)820480787(IMF)WPIEE2012283(IMF)WPIEA2012283(MiAaPQ)EBC1607087WPIEA2012283(EXLCZ)99255000000104157420020129d2012 uf 0engur|n|---|||||txtccrA Tradeoff between the Output and Current Account Effects of Pension Reform /Mario Catalan, Nicolas Magud1st ed.Washington, D.C. :International Monetary Fund,2012.1 online resource (25 p.)IMF Working PapersDescription based upon print version of record.9781616358570 1616358572 9781475563948 1475563949 Includes bibliographical references.Cover; Abstract; Contents; I. Introduction; II. The Model; III. Results; A. Baseline; B. Reform I: Increasing the Retirement Age; C. Reform II: Cutting Pension Benefits; D. The Long-Run Tradeoff between Output and the Current Account; Tables; 1. Baseline Parameter Values; Figures; 1. Baseline Household's Wage, Pension, Disposable Income, Consumption, and Saving Profiles by Age; 2. Effects of Pension Reforms o Household's Disposable Income and Consumption Profiles by Age; 3. Effects of Pension Reforms on Household's Labor Effort Profile by Age4. The Long-Run Tradeoff between Output and the Current Account2. Results; Appendix: Household's Optimization Problem; ReferencesWe 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 targets. We show the presence of a policy trade-off. Pension reforms that increase the retirement age have a large positive effect on output, but a small (and often negative) effect on the current account. In contrast, reforms that cut pension benefits improve the current account balance but reduce output. Mixed pension reforms, which extend the working life and cut pension benefits, can simultaneously boost output and the current account.IMF Working Papers; Working Paper ;No. 2012/283Industrial productivityEconometric modelsBalance of paymentsEconometric modelsPensionsEconometric modelsAgingimfBalance of paymentsimfCurrent Account AdjustmentimfCurrent accountimfDemographyimfEconomics of the ElderlyimfEconomics of the HandicappedimfExpenditureimfExports and ImportsimfIncome economicsimfInternational economicsimfLabor economicsimfLabor Economics: GeneralimfLaborimfLabourimfMacroeconomicsimfNon-labor Market DiscriminationimfNonwage Labor Costs and BenefitsimfOpen Economy MacroeconomicsimfPension reformimfPension spendingimfPensionsimfPopulation & demographyimfPopulation agingimfPopulation and demographicsimfPrivate PensionsimfPublic FinanceimfShort-term Capital MovementsimfSocial Security and Public PensionsimfSpainimfIndustrial productivityEconometric models.Balance of paymentsEconometric models.PensionsEconometric models.AgingBalance of paymentsCurrent Account AdjustmentCurrent accountDemographyEconomics of the ElderlyEconomics of the HandicappedExpenditureExports and ImportsIncome economicsInternational economicsLabor economicsLabor Economics: GeneralLaborLabourMacroeconomicsNon-labor Market DiscriminationNonwage Labor Costs and BenefitsOpen Economy MacroeconomicsPension reformPension spendingPensionsPopulation & demographyPopulation agingPopulation and demographicsPrivate PensionsPublic FinanceShort-term Capital MovementsSocial Security and Public Pensions331.2522;332.152Catalan Mario1599618Magud Nicolas1207017DcWaIMFBOOK9910959669703321A Tradeoff between the Output and Current Account Effects of Pension Reform4371470UNINA