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Appendix I Pension Arrangements in an Overlapping-Generations Model

Appendix I Pension Arrangements in an Overlapping-Generations Model »

Source: Pension Regimes and Saving

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

This appendix uses an overlapping-generations model to look at the impact of introducing funded and unfunded social security systems, and of replacing an unfunded system with a funded one. The analysis follo...

Appendix II Notes on the Empirical Literature on Pensions and Saving

Appendix II Notes on the Empirical Literature on Pensions and Saving »

Source: Pension Regimes and Saving

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

Given the theoretical ambiguity of the precise relationship between pensions and saving, the various statistical techniques that have been used to analyze it, and the diversity in actual pension systems and...

Appendix III Brief Notes on the Pension Regimes of Selected Countries

Appendix III Brief Notes on the Pension Regimes of Selected Countries »

Source: Pension Regimes and Saving

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

Private Plans in Selected Industrial Countries Japan Private retirement plans in Japan are either lump-sum severance payment plans or pension plans tha...

Clarity of Central Bank Communication About Inflation

Clarity of Central Bank Communication About Inflation »

Source: Clarity of Central Bank Communication About Inflation

Volume/Issue: 2012/9

Series: IMF Working Papers

Author(s): Ales Bulir , David-Jan Jansen , and Martin Cihak

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2012

ISBN: 9781463931148

Keywords: communication, clarity, central bank, inflation target,

This paper examines whether the clarity of central bank communication about inflation has changed with the economic environment. We use readability statistics and content analysis to study the clarity of communicat...

I Introduction

I Introduction »

Source: Managing Financial Risks in indebted Developing Countries : Occa Paper No.65

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 June 1989

ISBN: 9781557751164

Keywords: hedging, futures contracts, hedge, futures contract, futures markets

In 1979 the European Monetary System (EMS) was established to create a “zone of monetary stability” within the European Community (EC). This zone of stability was to be achieved by means of close monetary co...

I Introduction and Summary

I Introduction and Summary »

Source: Pension Regimes and Saving

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

Public pension reform arouses great interest virtually everywhere. In the Organization for Economic Cooperation and Development (OECD), it is generally accepted that most existing pension regimes may be fina...

II Institutional Structure and Historical Development of the EMS

II Institutional Structure and Historical Development of the EMS »

Source: Managing Financial Risks in indebted Developing Countries : Occa Paper No.65

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 June 1989

ISBN: 9781557751164

Keywords: hedging, futures contracts, hedge, futures contract, futures markets

Objectives of the EMS The objectives of the EMS were identified in discussions at the European Council during the period leading up to the establishment of the system in early 1979....

II Pension Regimes and Saving—A Framework for Analysis

II Pension Regimes and Saving—A Framework for Analysis »

Source: Pension Regimes and Saving

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

How a pension regime affects saving depends crucially on its basic design (Box 1; Table 1), as well as on the forces and influences that motivate saving by individuals. 3 The life...

III Public Pension Plans, Their Reform, and Saving

III Public Pension Plans, Their Reform, and Saving »

Source: Pension Regimes and Saving

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

This section describes how public pension plans could be expected, on a priori grounds, to affect saving. It uses the LCH only as a starting point and acknowledges the implications of imperfect capital marke...

III The “1992 Program” to Unify EC Financial Markets

III The “1992 Program” to Unify EC Financial Markets »

Source: Managing Financial Risks in indebted Developing Countries : Occa Paper No.65

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 June 1989

ISBN: 9781557751164

Keywords: hedging, futures contracts, hedge, futures contract, futures markets

The Single Market Program In June 1985, EC heads of governments approved a White Paper, put forward by the Commission, which contained some 300 measures designed to further unify EC...