Pensions, Price Shocks, and Macroeconomic Stability in Transition Economies : Illustrations From Belarus

Illustrations From Belarus

Pensions, Price Shocks, and Macroeconomic Stability in Transition Economies : Illustrations From Belarus
In many countries of the former Soviet Union, pensioners form a large and vulnerable group of the population, with pensions fixed in nominal terms. Attempts to "protect" this group have included a revaluation of benefits for retirees and the introduction of indexation arrangements based on recent wage and price growth. In this paper, lagged... READ MORE...

Publication date: May 1994
ISBN 9781451847185
$15.00

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