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Who Saves in Ireland? T+L3251he Micro Evidence
Badia, Marialuz Moreno - International Monetary Fund (IMF) - 2006
This paper provides detailed empirical evidence on the saving behavior of Irish households using micro data from the 1994/95 and 1999/2000 Household Budget Surveys. I employ synthetic cohort techniques to characterize the life cycle profile of saving rates and to examine the response of...
Persistent link: https://www.econbiz.de/10005263766
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Why Are Saving Rates of Urban Households in China Rising?
Chamon, Marcos; Prasad, Eswar - International Monetary Fund (IMF) - 2008
income. We use household-level data to explain the postponing of consumption despite rapid income growth. Tracing cohorts …
Persistent link: https://www.econbiz.de/10011123886
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The Myth of Post-Reform Income Stagnation in Brazil
Filho, Irineu E. Carvalho; Chamon, Marcos - International Monetary Fund (IMF) - 2006
This paper uses Engel curves to estimate real income growth in Brazil. The estimated per capita household real income …, implying a marked reduction in "real" inequality. This finding challenges the conventional wisdom that post-reform real income …
Persistent link: https://www.econbiz.de/10005768765
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The Myth of Post-Reform Income Stagnation; Evidence From Brazil and Mexico
Filho, Irineu E. Carvalho; Chamon, Marcos - International Monetary Fund (IMF) - 2008
estimate the income growth implied by the evolution of food demand and durable good ownership in post-reform Brazil and Mexico … attributed to biases in the price deflator. The estimated unmeasured income gains are higher for poorer households, implying … marked reductions in "real" inequality. These findings challenge the conventional wisdom that post-reform income growth was …
Persistent link: https://www.econbiz.de/10005769214
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Distributional Implications of the VAT Reform in the Philippines
Newhouse, David Locke; Zakharova, Daria - International Monetary Fund (IMF) - 2007
adverse impact of the VAT reform for all households, a sizable amount of the benefit accrued to high-income households …
Persistent link: https://www.econbiz.de/10005826642
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Consumption Based Estimates of Urban Chinese Growth
Chamon, Marcos; Filho, Irineu E. Carvalho - International Monetary Fund (IMF) - 2013
This paper estimates the household income growth rates implied by food demand in a sample of urban Chinese households … in 1993–2005. Our estimates, based on Engel curves for food consumption, indicate an average per capita income growth …
Persistent link: https://www.econbiz.de/10011142159
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The Plutocratic Bias in the CPI; Evidence From Spain
Castillo, Javier Ruiz; Ley, Eduardo; Izquierdo, Mario - International Monetary Fund (IMF) - 2000
We define the plutocratic bias as the difference between inflation measured according to the current official CPI and a democratic index in which all households receive the same weight. We estimate that during the 1990s the plutocratic bias in Spain amounts to 0.055 percent per year. However,...
Persistent link: https://www.econbiz.de/10005264149
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China’s Demography and its Implications
Lee, Il Houng; Qingjun, Xu; Syed, Murtaza H. - International Monetary Fund (IMF) - 2013
to 24 percent by 2030 and rising even more precipitously thereafter. This paper uses the permanent income hypothesis to …
Persistent link: https://www.econbiz.de/10011142029
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Pension Reforms in Japan
Kashiwase, Kenichiro; Nozaki, Masahiro; Tokuoka, Kiichi - International Monetary Fund (IMF) - 2012
This paper analyzes various reform options for Japan’s public pension in light of large fiscal consolidation needs of the country. The most attractive option is to increase the pension eligibility age in line with high and rising life expectancy. This would have a positive effect on...
Persistent link: https://www.econbiz.de/10011142039
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A Tradeoff between the Output and Current Account Effects of Pension Reform
Catalan, Mario; Magud, Nicolas E. - International Monetary Fund (IMF) - 2012
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 targets. We show the presence of a policy trade-off. Pension reforms that increase the...
Persistent link: https://www.econbiz.de/10010790246