Global Aging and Declining World Interest Rates : : Macroeconomic Insurance Through Pension Reform in Cyprus / / Willy Hoffmaister, Jaime Guajardo, Mario Catalan |
Autore | Hoffmaister Willy |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (42 p.) |
Disciplina | 338.23580 |
Altri autori (Persone) |
GuajardoJaime
CatalanMario |
Collana | IMF Working Papers |
Soggetto topico |
Interest rates - Cyprus - Econometric models
Population aging - Cyprus - Econometric models Pensions - Cyprus - Econometric models Labor Public Finance Demography Social Security and Public Pensions Nonwage Labor Costs and Benefits Private Pensions Wages, Compensation, and Labor Costs: General Economics of the Elderly Economics of the Handicapped Non-labor Market Discrimination Pensions Labour income economics Population & demography Pension spending Wages Pension reform Aging Population aging |
ISBN |
1-4623-5479-3
1-4527-8642-9 1-282-84053-3 9786612840531 1-4518-6959-2 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. The Model; A. Model Overview; B. Households; C. Firms; D. The Government; E. Equilibrium; F. Balanced Growth Equilibrium and Calibration; G. Demographic Transition; III. Baseline Simulations; A. Scenario 1: Constant World Interest Rates; B. Scenarios 2 and 3: Declining World Interest Rates; IV. Pension Reform Simulations; A. Description of Pension Reforms; B. Simulation Results for Constant Interest Rates; C. Pension Reform as Macroeconomic Insurance; V. Conclusions; Tables; 1. Variable Definition and Notation; 2. Household's Optimization Problems
3. First Order Conditions-Private Household's Optimization Problem 4. First Order Conditions-Public Household's Optimization Problem; 5. Calibration of the Model; 6. Pension Expenditure Reductions from Reforms; Figures; 1. Labor Skills Profile by Age; 2. Health Care Expenditure by Age Group; 3. Dependency Ratio in Model: Retired over Working Population; 4. Macroeconomic Results-Baseline Scenarios under Constant and Variable Interest Rates.; 5. Macroeconomic Results-Reform Scenarios under Constant and Variable Interest Rates .. 6. Decomposition of Pension Expenditure-to-GNI-Ratios-Pension Reform and Interest Rate ScenariosReferences |
Record Nr. | UNINA-9910818150003321 |
Hoffmaister Willy
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Washington, D.C. : , : International Monetary Fund, , 2008 | ||
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Lo trovi qui: Univ. Federico II | ||
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Governance and Fund Management in the Chinese Pension System / / Yu-Wei Hu, Gregorio Impavido, Xiaohong Li |
Autore | Hu Yu-Wei |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 50 p |
Altri autori (Persone) |
ImpavidoGregorio
LiXiaohong |
Collana | IMF Working Papers |
Soggetto topico |
Pension trusts - Investments - China
Pension trusts - Management - China Financial Risk Management Investments: General Labor Public Finance International Financial Markets Social Security and Public Pensions General Financial Markets: General (includes Measurement and Data) Nonwage Labor Costs and Benefits Private Pensions Finance Pensions Investment & securities Asset management Pension spending Asset allocation Securities Asset-liability management Financial instruments |
ISBN |
1-4623-6887-5
9786612844447 1-4527-6216-3 1-4518-7393-X 1-282-84444-X |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Record Nr. | UNINA-9910788223903321 |
Hu Yu-Wei
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Washington, D.C. : , : International Monetary Fund, , 2009 | ||
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Lo trovi qui: Univ. Federico II | ||
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Governance and Fund Management in the Chinese Pension System / / Yu-Wei Hu, Gregorio Impavido, Xiaohong Li |
Autore | Hu Yu-Wei |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 50 p |
Disciplina | 330.951 |
Altri autori (Persone) |
ImpavidoGregorio
LiXiaohong |
Collana | IMF Working Papers |
Soggetto topico |
Pension trusts - Investments - China
Pension trusts - Management - China Financial Risk Management Investments: General Labor Public Finance International Financial Markets Social Security and Public Pensions General Financial Markets: General (includes Measurement and Data) Nonwage Labor Costs and Benefits Private Pensions Finance Pensions Investment & securities Asset management Pension spending Asset allocation Securities Asset-liability management Financial instruments |
ISBN |
1-4623-6887-5
9786612844447 1-4527-6216-3 1-4518-7393-X 1-282-84444-X |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Intro -- Contents -- Glossary -- I. Introduction -- II. Brief Description of Current Social Security Arrangements -- III. The Basic Old Age Insurance System -- IV. The National Social Security Fund (NSSF) -- A. Institutional Structure and Fund Governance -- B. Sources of Funds -- C. Investment Policy Objectives and Asset Allocation -- D. Implementation of the Strategic Asset Allocation and Performance -- V. The Enterprise Annuity System -- A. Size and Performance of the Enterprise Annuity System -- B. Governance Framework in the Enterprise Annuity System -- VI. Conclusion -- A. The Basic Old Age Insurance System -- B. The National Social Security Fund -- C. The Enterprise Annuity System -- Reference -- Tables -- 1. Key Design Features of the Chinese Pension System -- 2. National Social Security Fund-Source of Funds -- 3. Total Assets of Select Demographic Buffers (Percent of GDP) -- 4. National Social Security Fund-Domestic Strategic Asset Allocation -- 5. National Social Security Fund-Foreign Strategic Asset Allocation -- 6. National Social Security Fund-Increasing Use of Outsourced Asset Managers -- 7. National Social Security Fund-Internally Managed Portfolio -- 8. National Social Security Fund-Foreign Investment Mandates (2006) -- 9. National Social Security Fund-Foreign Investment Managers (2006) -- 10. National Social Security Fund-Custodians (2008) -- 11. National Social Security Fund-Gross Investment Performance -- 12. National Social Security Fund-Investment Performance of Assets Managed Internally -- 13. National Social Security Fund-Expenses -- 14. Comparison of Operating Costs-Select Funds -- 15. Evolution of the Enterprise Annuity System Market -- 16. Nominal and Real Returns in the Enterprise Annuity System-2006-2008 -- 17. Minimum Capital Requirements for Enterprise Annuity System Providers -- Figures.
1. Coverage of the Chinese Pension System -- 2. National Social Security Fund-Governance Structure -- 3. Pension Fund Returns in Selected OECD Countries (January-October 2008) -- Appendices -- I. Key Design Parameters of the Basic Old Age Insurance system -- II. Reliance on Proceeds from IPO to Fund Pension Liabilities -- III. Regulatory and supervisory architecture for the EA system. -- IV. List of Enterprise Annuity Licences by Type of Company in China as of May 2008. |
Record Nr. | UNINA-9910826146903321 |
Hu Yu-Wei
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Washington, D.C. : , : International Monetary Fund, , 2009 | ||
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Lo trovi qui: Univ. Federico II | ||
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Greece : : Selected Issues |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2017 |
Descrizione fisica | 1 online resource (48 pages) : illustrations |
Disciplina | 382.1709495 |
Collana | IMF Staff Country Reports |
Soggetto topico |
Balance of payments - Greece
Fiscal policy - Greece Taxation - Greece Finance: General Labor Public Finance Taxation Demography Social Security and Public Pensions Nonwage Labor Costs and Benefits Private Pensions Tax Evasion and Avoidance Bankruptcy Liquidation Taxation, Subsidies, and Revenue: General Pensions Public finance & taxation Finance Labour income economics Population & demography Pension spending Tax arrears management Solvency Tax administration core functions Expenditure Revenue administration Financial sector policy and analysis Tax administration and procedure Debt Retirement Population aging |
ISBN |
1-4755-7576-9
1-4755-7578-5 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Record Nr. | UNINA-9910165034903321 |
Washington, D.C. : , : International Monetary Fund, , 2017 | ||
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Lo trovi qui: Univ. Federico II | ||
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How the Financial Crisis Affects Pensions and Insurance and Why the Impacts Matter / / Ian Tower, Gregorio Impavido |
Autore | Tower Ian |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 1 online resource (58 p.) |
Altri autori (Persone) | ImpavidoGregorio |
Collana | IMF Working Papers |
Soggetto topico |
Global Financial Crisis, 2008-2009
Pensions Insurance Labor Public Finance Industries: Financial Services Pension Funds Non-bank Financial Institutions Financial Instruments Institutional Investors Nonwage Labor Costs and Benefits Private Pensions Insurance Companies Actuarial Studies Social Security and Public Pensions Retirement Retirement Policies Finance Insurance & actuarial studies Labour income economics Insurance companies Pension spending |
ISBN |
1-4623-9411-6
1-4527-3997-8 1-4518-7298-4 1-282-84365-6 9786612843655 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. The Role of Pension Plans and Insurance Companies; III. Key Pensions and Insurance Characteristics; Figures; 1. Role of Financial Assets in Overall; 2. Assets in DB and DC Private Plans (OECD and Latin America); IV. The Nature of Assets and Liabilities; 3. Pension Assets as Percent of GDP in OECD Countries (2007); 4. Pension Assets as Percent of GDP in Latin American Countries (06/2008); 5. Asset Allocation of OECD Private Pension plans (2006); 6. Asset Allocation (average) of Latin American Pension Plans (06/2008); Boxes
1. Insurance Companies' Balance Sheets: The Importance of ALMV. Sources of Vulnerability; 2. Insurance Companies Accounting and Solvency Requirements; Asset shocks; 7. Pension Fund Returns in Selected OECD Countries (January-October 2008); Tables; 1. Asset Changes in Corporate Plans (Major Stock Indices); 8. Corporate Plan Assets in Major Stock Indices (January 2007-April 2009); 2. Asset Changes in Mandatory DC Plans; 3. Insurance Sector Announced Losses and Capital-raising to Date; 9. CDS Spreads in the Insurance Sector; 10. Bloomberg Insurance and Bank Indices; Liability shocks 4. Liability Changes in Corporate Plans (Major Stock Indices)11. Corporate Plan Liabilities in Major Stock Indices (January 2007-April 2009); VI. Risk Sharing and Transmission Channels to the Rest of the Economy; A. Pensions; 5. Funding Ratio Changes in Corporate Plans (Major Stock Indices); 12. Changes in Accounting Funding Levels of Corporate Plans of Major Stock Indices (January 2007-April 2009); 13. Funding Ratios of U.S. State and Local Plans; 6. Composition of Household Financial Balance Sheet in Select OECD; 7. 2008 Financial Crisis and Multi-funds in Latin America 14. Minimum Pension Guarantees 8. Public Debt, Pension Spending and Implicit Pension Debt for Thirty Five Low and Middle Income Countries for Various Years During the end-1990s and 2000; B. Insurance Companies; VII. Policy Conclusions; References; Annexes; I. Liability Valuation Rules in Select OECD Countries; II. "Simpler" Presentation of FAS 87 |
Record Nr. | UNINA-9910788331203321 |
Tower Ian
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Washington, D.C. : , : International Monetary Fund, , 2009 | ||
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Lo trovi qui: Univ. Federico II | ||
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How the Financial Crisis Affects Pensions and Insurance and Why the Impacts Matter / / Ian Tower, Gregorio Impavido |
Autore | Tower Ian |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 1 online resource (58 p.) |
Disciplina | 346.73082 |
Altri autori (Persone) | ImpavidoGregorio |
Collana | IMF Working Papers |
Soggetto topico |
Global Financial Crisis, 2008-2009
Pensions Insurance Labor Public Finance Industries: Financial Services Pension Funds Non-bank Financial Institutions Financial Instruments Institutional Investors Nonwage Labor Costs and Benefits Private Pensions Insurance Companies Actuarial Studies Social Security and Public Pensions Retirement Retirement Policies Finance Insurance & actuarial studies Labour income economics Insurance companies Pension spending |
ISBN |
1-4623-9411-6
1-4527-3997-8 1-4518-7298-4 1-282-84365-6 9786612843655 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. The Role of Pension Plans and Insurance Companies; III. Key Pensions and Insurance Characteristics; Figures; 1. Role of Financial Assets in Overall; 2. Assets in DB and DC Private Plans (OECD and Latin America); IV. The Nature of Assets and Liabilities; 3. Pension Assets as Percent of GDP in OECD Countries (2007); 4. Pension Assets as Percent of GDP in Latin American Countries (06/2008); 5. Asset Allocation of OECD Private Pension plans (2006); 6. Asset Allocation (average) of Latin American Pension Plans (06/2008); Boxes
1. Insurance Companies' Balance Sheets: The Importance of ALMV. Sources of Vulnerability; 2. Insurance Companies Accounting and Solvency Requirements; Asset shocks; 7. Pension Fund Returns in Selected OECD Countries (January-October 2008); Tables; 1. Asset Changes in Corporate Plans (Major Stock Indices); 8. Corporate Plan Assets in Major Stock Indices (January 2007-April 2009); 2. Asset Changes in Mandatory DC Plans; 3. Insurance Sector Announced Losses and Capital-raising to Date; 9. CDS Spreads in the Insurance Sector; 10. Bloomberg Insurance and Bank Indices; Liability shocks 4. Liability Changes in Corporate Plans (Major Stock Indices)11. Corporate Plan Liabilities in Major Stock Indices (January 2007-April 2009); VI. Risk Sharing and Transmission Channels to the Rest of the Economy; A. Pensions; 5. Funding Ratio Changes in Corporate Plans (Major Stock Indices); 12. Changes in Accounting Funding Levels of Corporate Plans of Major Stock Indices (January 2007-April 2009); 13. Funding Ratios of U.S. State and Local Plans; 6. Composition of Household Financial Balance Sheet in Select OECD; 7. 2008 Financial Crisis and Multi-funds in Latin America 14. Minimum Pension Guarantees 8. Public Debt, Pension Spending and Implicit Pension Debt for Thirty Five Low and Middle Income Countries for Various Years During the end-1990s and 2000; B. Insurance Companies; VII. Policy Conclusions; References; Annexes; I. Liability Valuation Rules in Select OECD Countries; II. "Simpler" Presentation of FAS 87 |
Record Nr. | UNINA-9910828556503321 |
Tower Ian
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Washington, D.C. : , : International Monetary Fund, , 2009 | ||
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Lo trovi qui: Univ. Federico II | ||
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The Impact of Longevity Improvements on U.S. Corporate Defined Benefit Pension Plans / / John Kiff, Michael Kisser, Mauricio Soto, S. Oppers |
Autore | Kiff John |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (35 p.) |
Altri autori (Persone) |
KisserMichael
SotoMauricio OppersS |
Collana | IMF Working Papers |
Soggetto topico |
Defined benefit pension plans - United States
Longevity - United States Insurance Labor Public Finance Demography Pension Funds Non-bank Financial Institutions Financial Instruments Institutional Investors Nonwage Labor Costs and Benefits Private Pensions Social Security and Public Pensions Health: General Economics of the Elderly Economics of the Handicapped Non-labor Market Discrimination Insurance Companies Actuarial Studies Pensions Health economics Population & demography Insurance & actuarial studies Pension spending Health Aging Expenditure Population and demographics Financial institutions Population aging |
ISBN |
1-4755-2676-8
1-4755-6809-6 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | Cover; Contents; I: Introduction; II: Related Literature; III: Data; IV: Analysis; A: A Simple Valuation Model; B: Main Results; C: Additional Robustness Checks; V: Conclusion; References; Appendix 1 |
Record Nr. | UNINA-9910786480903321 |
Kiff John
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Washington, D.C. : , : International Monetary Fund, , 2012 | ||
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Lo trovi qui: Univ. Federico II | ||
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The Impact of Longevity Improvements on U.S. Corporate Defined Benefit Pension Plans / / John Kiff, Michael Kisser, Mauricio Soto, S. Oppers |
Autore | Kiff John |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (35 p.) |
Disciplina | 332.152 |
Altri autori (Persone) |
KisserMichael
SotoMauricio OppersS |
Collana | IMF Working Papers |
Soggetto topico |
Defined benefit pension plans - United States
Longevity - United States Insurance Labor Public Finance Demography Pension Funds Non-bank Financial Institutions Financial Instruments Institutional Investors Nonwage Labor Costs and Benefits Private Pensions Social Security and Public Pensions Health: General Economics of the Elderly Economics of the Handicapped Non-labor Market Discrimination Insurance Companies Actuarial Studies Pensions Health economics Population & demography Insurance & actuarial studies Pension spending Health Aging Expenditure Population and demographics Financial institutions Population aging |
ISBN |
1-4755-2676-8
1-4755-6809-6 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | Cover; Contents; I: Introduction; II: Related Literature; III: Data; IV: Analysis; A: A Simple Valuation Model; B: Main Results; C: Additional Robustness Checks; V: Conclusion; References; Appendix 1 |
Record Nr. | UNINA-9910820534803321 |
Kiff John
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Washington, D.C. : , : International Monetary Fund, , 2012 | ||
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Lo trovi qui: Univ. Federico II | ||
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Intergenerational Implications of Fiscal Consolidation in Japan / / Kiichi Tokuoka |
Autore | Tokuoka Kiichi |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (26 p.) |
Collana | IMF Working Papers |
Soggetto topico |
Fiscal policy - Japan
Intergenerational relations - Economic aspects - Japan Investments: General Labor Macroeconomics Public Finance Demography Fiscal Policy Taxation and Subsidies: Externalities Redistributive Effects Environmental Taxes and Subsidies Social Security and Public Pensions Nonwage Labor Costs and Benefits Private Pensions General Financial Markets: General (includes Measurement and Data) Economics of the Elderly Economics of the Handicapped Non-labor Market Discrimination Pensions Investment & securities Population & demography Fiscal consolidation Pension spending Securities Aging Fiscal policy Expenditure Financial institutions Population and demographics Financial instruments Population aging |
ISBN |
1-4755-3530-9
1-4755-8843-7 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | Cover; Contents; I. Introduction; II. Simulation Analysis and Discussion; Figures; 1. Overview of Japan's Public Finances; 2. Intergenerational Resource Imbalance; 3. Macroeconomic Implications of Fiscal Consolidation; Tables; 1. Summary of Measures; 2. Two Options for Structural Fiscal Adjustment; 4. Resource Implications of Fiscal Adjustment; 5. Costs of Delaying Fiscal Adjustment; III. Other Issues; IV. Conclusions; Box; 1. Public Pension System in Japan; References; Appendix; I. Parameter Values and Key Simulation Assumptions |
Record Nr. | UNINA-9910786482303321 |
Tokuoka Kiichi
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Washington, D.C. : , : International Monetary Fund, , 2012 | ||
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Lo trovi qui: Univ. Federico II | ||
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Intergenerational Implications of Fiscal Consolidation in Japan / / Kiichi Tokuoka |
Autore | Tokuoka Kiichi |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (26 p.) |
Disciplina | 332.1/52 |
Collana | IMF Working Papers |
Soggetto topico |
Fiscal policy - Japan
Intergenerational relations - Economic aspects - Japan Investments: General Labor Macroeconomics Public Finance Demography Fiscal Policy Taxation and Subsidies: Externalities Redistributive Effects Environmental Taxes and Subsidies Social Security and Public Pensions Nonwage Labor Costs and Benefits Private Pensions General Financial Markets: General (includes Measurement and Data) Economics of the Elderly Economics of the Handicapped Non-labor Market Discrimination Pensions Investment & securities Population & demography Fiscal consolidation Pension spending Securities Aging Fiscal policy Expenditure Financial institutions Population and demographics Financial instruments Population aging |
ISBN |
1-4755-3530-9
1-4755-8843-7 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | Cover; Contents; I. Introduction; II. Simulation Analysis and Discussion; Figures; 1. Overview of Japan's Public Finances; 2. Intergenerational Resource Imbalance; 3. Macroeconomic Implications of Fiscal Consolidation; Tables; 1. Summary of Measures; 2. Two Options for Structural Fiscal Adjustment; 4. Resource Implications of Fiscal Adjustment; 5. Costs of Delaying Fiscal Adjustment; III. Other Issues; IV. Conclusions; Box; 1. Public Pension System in Japan; References; Appendix; I. Parameter Values and Key Simulation Assumptions |
Record Nr. | UNINA-9910808181103321 |
Tokuoka Kiichi
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Washington, D.C. : , : International Monetary Fund, , 2012 | ||
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Lo trovi qui: Univ. Federico II | ||
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