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Quantifying Impact of Aging Population on Fiscal Space

Author/Editor: Seok Gil Park.

Release Date: June, 2012

Price: $18.00

This paper quantitatively investigates how population aging trend affects fiscal space measured as unused revenue generating capacity by utilizing a standard neoclassical growth model. A calibration more...

Euro Area Policies : Selected Issues

Release Date: September, 2003

Price: $15.00

An important aim of this paper is to take shifts in the long-term anchor in the empirical specifications. The study examines exchange-rate pass-through and external adjustment in the euro area. The more...