United Kingdom: Selected Issues

International Monetary Fund

No 2004/055, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper of the United Kingdom analyzes the official projections of public pension spending and risks, as well as the strategy to increase private pension provision. It provides a comparison of stylized facts regarding business cycle developments in the three economies, and an analysis of how these cyclical differences reflect the way monetary policy changes impact the three economies. It analyzes the policy on Economic and Monetary Union membership; and also the interest rate changes in the United Kingdom and the United States compared with that in the euro area.

Keywords: ISCR; CR; pension; interest rate; euro; income; GDP; U.K. pension system; UK economy; UK cycle; euro area; background study; UK decision; UK transmission mechanism; interest rate sensitivity; Pensions; Pension spending; Consumption; Housing prices; Aging; Global (search for similar items in EconPapers)
Pages: 82
Date: 2004-03-05
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Citations: View citations in EconPapers (1)

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