Ageing and pension system reform : implications for financial markets and economic policies.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development Staff, Corporate Author.

Contributor:

Organisation for Economic Co-operation and Development.

International Monetary Fund.

Banca d'Italia.

Series:

Financial market trends, 0378-651x ; November 2005, supplement

Language:

English

Subjects (All):

Old age pensions--Government policy.

Old age pensions.

Age distribution (Demography)--Economic aspects.

Age distribution (Demography).

International finance.

Aging--Economic aspects--Government policy.

Aging.

Pensions--Government policy--Group of Ten countries.

Pensions.

Aging--Economic aspects--Group of Ten countries.

Retirement income--Government policy--Group of Ten countries.

Retirement income.

Physical Description:

1 online resource (117 p.)

Place of Publication:

Paris : OECD, 2005.

Language Note:

English

Summary:

This report, prepared at the request of Deputies of the G10, reviews economic consequences of ageing populations for financial markets and recommends that a) governments help facilitate development of financial instruments to support retirement savings and pensions; b) governments strengthen regulation and supervision of these markets; c) tax rules should not hinder the build-up of financial buffers by private pension funds, but should avoid the abuse of tax deferrals; and d) financial education needs to be strengthened.

Contents:

Abstract: Ageing and Pension System Reform: Implications for Financial Markets and Economic Policies; Table of contents; Ageing and Pension System Reform: Implications for Financial Markets and Economic Policies; Introduction; Chapter I. Economic Consequences of Ageing Populations; Chapter II. Ageing, Retirement Savings and Financial Markets; Chapter III. Policy Challenges and Actions; Annex I.1. The Partially Offsetting Effect of Higher Participation Rates on the Impact of Ageing on Labour Supply; Annex I.2. Demographic Trends and International Capital Flows

Annex I.3. Ageing, Asset Prices and the Transmission of Monetary PolicyAnnex II.1. Accounting Changes in the Pension Fund Industry; Glossary; Appendix. Composition of the Working Group and Contact Points; Résumé : Les conséquences du vieillissement et de la réforme des régimes de retraite sur les marchés de capitaux et la politique économique

Notes:

Description based upon print version of record.

Includes bibliographical references.

ISBN:

1-280-35769-X

9786610357697

92-64-03576-1

OCLC:

642661197