Public Pensions and Private Savings

2021 ◽  
Author(s):  
Esteban García-Miralles ◽  
Jonathan Leganza
1989 ◽  
Vol 9 (2) ◽  
pp. 127-155 ◽  
Author(s):  
Peter S. Heller

ABSTRACTIn the next 30 to 40 years, past changes in fertility and mortality will lead to a significant increase in the share of the elderly. This study suggests that these demographic trends may lead to a decline in the G–7 private savings rate after 2000, compounding the impact of social expenditure pressures on the government's deficit. Moreover, public pensions may decline as a share of the consumption needs of the elderly, leading to financial pressures to reduce their consumption. The reduced burden of child support on the working population will not offset the increased burden of societal support for the elderly.


2015 ◽  
Vol 22 (3) ◽  
pp. 1-3
Author(s):  
Marta Lachowska ◽  
Michał Myck

2018 ◽  
Vol 47 (2) ◽  
Author(s):  
Kempe Ronald Hope

Countries with positive per capita real growth are characterised by positive national savings—including government savings, increases in government investment, and strong increases in private savings and investment. On the other hand, countries with negative per capita real growth tend to be characterised by declines in savings and investment. During the past several decades, Kenya’s emerging economy has undergone many changes and economic performance has been epitomised by periods of stability, decline, or unevenness. This article discusses and analyses the record of economic performance and public finance in Kenya during the period 1960‒2010, as well as policies and other factors that have influenced that record in this emerging economy. 


Author(s):  
Fang Wang ◽  
Haitao Zheng

The causal effect of public pensions on the mental wellbeing of the elderly in lower and middle-income countries deserves further investigation. This paper first constructed a theoretical framework for the impact of New Rural Society Pension Insurance pensions in China on the mental wellbeing of the rural elderly, and described potential channels through which pension income may affect mental wellbeing. We then used the fixed effect model and the instrument variable approach to estimate the casual effects of pension income on the mental wellbeing of the rural elderly. The results reveal that pension income improves mental wellbeing by relieving depression of the rural elderly; however, the beneficial effects of pension income are very limited. Pension income has no beneficial effects on the mental health of the rural elderly in the east region, whereas it slightly relieves depression of those in the middle and west regions. We also found that pension income produces small improvements in the mental health of older females, elderly persons living independently, and those with relatively poor economic conditions.


2007 ◽  
Vol 63 (6) ◽  
pp. 38-43 ◽  
Author(s):  
Richard M. Ennis
Keyword(s):  

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