연구보고서IMF Working Paper 12-283
(A) Tradeoff between the Output and Current Account Effects of Pension Reform
- 청구기호
- WP 12-283
- 발행사항
- Washington,D.C : IMF, 2012
- 형태사항
- 21 p. :. PDF file ;. 1070 KB
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소장정보
위치 | 등록번호 | 청구기호 / 출력 | 상태 | 반납예정일 |
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이용 가능 (1) | ||||
E0001088 | 대출가능 | - |
이용 가능 (1)
- 등록번호
- E0001088
- 상태/반납예정일
- 대출가능
- -
- 위치/청구기호(출력)
책 소개
We 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.