Lejárraga, Ana; Vidal, Carlos; Carpio, José E. Devesa- - Instituto Valenciano de Investigaciones Económicas (IVIE) - 1999
way of transfers between generations, will only be viable in the long term if the internal rate of return of the system … defining the concept of the internal rate of return as applied to a contributor, this is extended to the system as a whole … have an influence on this rate of return. Finally, given that the resulting model enables the internal rate of return to be …