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Global Aging and Declining World Interest Rates.

How will the world-wide decline in real interest rates associated with global aging affect small open economies (SOEs) with aging populations? Lower interest rates will result in higher capital-labor ratios and increased wages; higher wages, in turn, will be passed on to pension benefits, exacerbati...

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Détails bibliographiques
Cote:Libro Electrónico
Auteur principal: Hoffmaister, Alexander W.
Autres auteurs: Guajardo, Jaime, Catalán, Mario
Format: Électronique eBook
Langue:Inglés
Publié: Washington : International Monetary Fund, 2008.
Collection:IMF Working Papers.
Sujets:
Accès en ligne:Texto completo