English, , 324kb
Using overlapping generations (OLG) models calibrated on 7 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.
English, , 75kb
English, , 64kb
The paper shows the results of a pilot study for six industrial sectors in seven OECD Member countries (Canada, Japan, Norway, Spain, Sweden, Switzerland and the United States) whereby short-term qualitative indicators are used to "nowcast" a quantitative indicator, the production index.
Given their ageing populations, OECD countries are beginning to re-examine the balance between public and private provisions for income in retirement. There is considerable interest in increasing the contribution from private sources. However, wh...