Research Catalog
Macroeconomic Effects of Pension Reforms in The Context of Ageing Populations Overlapping Generations Model Simulations for Seven OECD Countries
- Title
- Macroeconomic Effects of Pension Reforms in The Context of Ageing Populations [electronic resource]: Overlapping Generations Model Simulations for Seven OECD Countries / Ketil Hviding and Marcel Mérette
- Author
- Hviding, Ketil.
- Publication
- Paris : OECD Publishing, 1998.
Available Online
Details
- Additional Authors
- Mérette, Marcel.
- Description
- 37 p.; 21 x 29.7cm.
- Summary
- Using overlapping generations (OLG) models calibrated on seven OECD countries -- the United States, Japan, France, Canada, Italy, the United Kingdom and Sweden -- the authors investigate the macroeconomic impact of possible pension reform strategies as populations age. Simulations include a reduction in the level of pensions, phased abolition of PAYG schemes and general fiscal consolidation. By raising the national saving rate future GDP levels are higher, but not enough to offset the affects of ageing. A rise in the retirement age has larger effects, but implies significant loss of leisure time ...
- Series Statement
- OECD Economics Department Working Papers, 1815-1973 ; no.201
- Uniform Title
- OECD Economics Department Working Papers, no.201.
- Subject
- Economics
- LCCN
- 10.1787/638376177076
- OCLC
- oecd-lib
- Author
- Hviding, Ketil.
- Title
- Macroeconomic Effects of Pension Reforms in The Context of Ageing Populations [electronic resource]: Overlapping Generations Model Simulations for Seven OECD Countries / Ketil Hviding and Marcel Mérette
- Imprint
- Paris : OECD Publishing, 1998.
- Series
- OECD Economics Department Working Papers, 1815-1973 ; no.201OECD Economics Department Working Papers, 1815-1973 ; no.201.
- Connect to:
- Indexed Term
- Economics
- Added Author
- Mérette, Marcel.
- Other Standard Identifier
- 10.1787/638376177076 doi