Staff Discussion Notes

The Future of Saving: The Role of Pension System Design in an Aging World

ByHua Chai, Era Dabla-Norris, Kamil Dybczak, Mauricio Soto, Alexander F. Tieman

January 15, 2019

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Format: Chicago

Hua Chai, Era Dabla-Norris, Kamil Dybczak, Mauricio Soto, and Alexander F. Tieman "The Future of Saving: The Role of Pension System Design in an Aging World", Staff Discussion Notes 2019, 001 (2019), accessed 12/5/2025, https://doi.org/10.5089/9781484388990.006

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Disclaimer: This Staff Discussion Note represents the views of the authors and does not necessarily represent IMF views or IMF policy. The views expressed herein should be attributed to the authors and not to the IMF, its Executive Board, or its management. Staff Discussion Notes are published to elicit comments and to further debate.

Summary

This SDN explores how demographic changes have affected and will affect public and private sector savings, highlighting the interaction between pension systems, labor markets, and demographic variables.

Subject: Aging, Demographic change, Expenditure, Labor, National accounts, Pension spending, Pensions, Population and demographics, Private savings

Keywords: aggregate saving, Aging, C. saving projection, Demographic change, Demographics, Global, household saving, national saving, panel regression, pension saving, Pension Spending, Pensions, private saving, Private savings, public saving, retirement age, Saving, saving behavior, saving decision, saving instrument, saving rate, SDN