Paying for pensions: how important is economic growth? by Ignazio Visco

“…Increasing output (through lower structural unemployment and higher female and elderly workers' participation rates) and its rate of growth (through gains in productivity) are seen as offering a complementary, though limited, response.   JEL Codes: J14, H55, J26, O47 …”
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Spesa pensionistica:quanto conta la crescita economica? (Paying for Pensions: How Important Is Economic Growth? ) by Ignazio Visco

“…Increasing output (through lower structural unemployment and higher female and elderly workers' participation rates) and its rate of growth (through gains in productivity) are seen as offering a complementary, though limited, response.            JEL Codes: H55, O40, J14, J11, J26 Keywords: Ageing, Demographics, Expenditure, Growth, Pension, Population …”
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Welfare, invecchiamento della popolazione e lavoro: una prospettiva OCSE (Welfare Systems, Ageing and Work: An OECD Perspective) by Ignazio Visco

“…The paper illustrates some of the recent OECD recommendations for responding to the challenges posed by ageing societies in the context of diverse social welfare systems and concludes that policies are urgently needed in a number of countries to pursue two fundamental objectives: increasing the average number of years individuals spend active in the labour force and raising the sources of provision for an adequate retirement income.     JEL Codes: H55, H53, J14, E62 Keywords: Ageing, Demographics, Macroeconomics, Older Workers, Pension, Public Pension   …”
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