Macro-Experimental Economics in the Kyrgyz Republic: Social Security Sustainability and Pension Reform

Content Provider	Semantic Scholar
Author	Becker, Charles M. Paltsev, Sergey
Copyright Year	2001
Abstract	Despite a decade of transition, pension systems in formerly socialist countries still desperately need viable reform. Few viable reform options exist, due to the near absence of capital markets, the collapse of formal sector employment, and huge differences between urban and rural sectors. This paper assesses packages advocated by different international agencies, and considers their sensitivity to varying economic and demographic assumptions. Failure to account for demographic-economic interactions strongly biases forecasts. The divergent results from projections made under different assumptions imply that policymakers should examine the realism of policy suggestions (and associated actuarial forecasts) very carefully.
Starting Page	1
Ending Page	34
Page Count	34
File Format	PDF HTM / HTML
DOI	10.1057/ces.2001.12
Alternate Webpage(s)	http://web.mit.edu/paltsev/www/pubs/becker.pdf
Alternate Webpage(s)	https://doi.org/10.1057/ces.2001.12
Volume Number	43
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article