Macroeconomic effects of pension reform in Russia / / David Hauner
(Visualizza in formato marc)
(Visualizza in BIBFRAME)
| Autore: |
Hauner David
|
| Titolo: |
Macroeconomic effects of pension reform in Russia / / David Hauner
|
| Pubblicazione: | [Washington, District of Columbia] : , : International Monetary Fund, , 2008 |
| ©2008 | |
| Descrizione fisica: | 1 online resource (25 p.) |
| Disciplina: | 338.947 |
| Soggetto topico: | Pensions - Russia (Federation) - Econometric models |
| Equilibrium (Economics) - Econometric models | |
| Soggetto geografico: | Russia (Federation) Economic policy 1991- |
| Russia (Federation) Economic conditions Econometric models | |
| Soggetto genere / forma: | Electronic books. |
| Note generali: | Description based upon print version of record. |
| Nota di bibliografia: | Includes bibliographical references. |
| Nota di contenuto: | Contents; Introduction; A. The Case for Pension Reform; Figures; 1. Replacement Rate of Public System; B. Encouraging Private Saving; C. Stabilizing the Replacement Rate of the Public System; 2. Additional Funding Need under Two Scenarios, Percent of GDP; 3. Oil Stabilization and National Welfare Funds in Percent of GDP; D. Macroeconomic Effects of Financing Options; 4. Debt-Financed Increase in Transfers (Deviations from Initial Steady State in Percent of GDP); 5. Tax-Financed Increase in Transfers; 6. Expenditure-Financed Increase in Transfers; E. Policy Recommendations; Appendixes |
| Model and Calibration References | |
| Sommario/riassunto: | Putting the pension system on a sustainable footing arguably remains the biggest challenge in Russia's economic policies. The debate about the policy options was hitherto constrained by the absence of general equilibrium analysis. This paper fills this gap by simulating their macroeconomic effects in a DSGE model calibrated to Russia's economy-the first of its kind to the best of our knowledge. The results suggest that a minimum benefit level in the public system should optimally be financed through lower government consumption, while higher taxation of labor and capital should be avoided. Red |
| Titolo autorizzato: | Macroeconomic effects of pension reform in Russia |
| ISBN: | 1-4623-2451-7 |
| 1-4527-3192-6 | |
| 1-4518-7059-0 | |
| 9786612841521 | |
| 1-282-84152-1 | |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910463599003321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |
Serie:
IMF Working Papers