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A Tradeoff between the Output and  Current Account Effects of Pension Reform

A Tradeoff between the Output and Current Account Effects of Pension Reform »

Volume/Issue: 2012/283

Series: IMF Working Papers

Author(s): Mario Catalan , and Nicolas Magud

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 December 2012

DOI: http://dx.doi.org/10.5089/9781475563948.001

ISBN: 9781475563948

Keywords: Pension reform, external balance, dyamic general equilibrium model, pension, retirement, retirement age, pension benefits, benefits, Open Economy Macroeconomics, Social Security and Public Pensions,

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 targe...

Remittances in the Pacific Region

Remittances in the Pacific Region »

Volume/Issue: 2007/35

Series: IMF Working Papers

Author(s): Aiko Mineshima , and Christopher Browne

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2007

DOI: http://dx.doi.org/10.5089/9781451865998.001

ISBN: 9781451865998

Keywords: remittance, employment, migration, remittance flows

Remittances are large and have grown substantially over the past decade in the Pacific region. This primarily reflects the impact of emigration due to low growth and limited employment prospects at home. Many Pacif...

Are Immigrant Remittance Flows a Source of Capital for Development?

Are Immigrant Remittance Flows a Source of Capital for Development? »

Volume/Issue: 2003/189

Series: IMF Working Papers

Author(s): Samir Jahjah , Ralph Chami , and Connel Fullenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2003

DOI: http://dx.doi.org/10.5089/9781451859638.001

ISBN: 9781451859638

Keywords: altruism, asymmetric information, private income transfers, worker, worker remittances, migration, remittance, Asymmetric and Private Information, Household Behavior, International Factor Movements and International Business,

The role of remittances in development and economic growth is not well understood. This is partly because the literatures on the causes and effects of remittances remain separate. We develop a framework that links...