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...
Cote: | Libro Electrónico |
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Auteur principal: | |
Autres auteurs: | , |
Format: | Électronique eBook |
Langue: | Inglés |
Publié: |
Washington :
International Monetary Fund,
2008.
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Collection: | IMF Working Papers.
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Sujets: | |
Accès en ligne: | Texto completo |