Pension reform in a rapidly ageing country: the case of Ukraine
Ukraine has a rapidly ageing and declining population. A dynamic forward-Âlooking Computable General Equilibrium (CGE) model with an explicitly modelled Pay As You Go pension scheme is constructed to perform simulations of different pension reform scenarios and investigate the impact of population ageing on a wide range of macroeconomic variables. It is shown that, changes in age structure will result in a significant negative impact on the economy and stability of the pension system. Analysis of the potential changes to the pension system is limited to modelling an increase of the pension age, keeping either the workersâ€™ contribution rate or replacement rate constant.
|Date of creation:||2011|
|Contact details of provider:|| Postal: 31 Buccleuch Place, EH8 9JT, Edinburgh|
Web page: http://www.sire.ac.uk
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:edn:sirdps:278. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Hannah Chater)
If references are entirely missing, you can add them using this form.