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Untersucht wird der Einfluß der Rentenversicherung auf die Kapitalbildung. Die Analyse wird für die geschlossene und …
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This paper analyzes the growth and employment effects of dynamic fiscal policies in an overlapping generations model with endogenous growth and imperfect labour markets. With balanced-budget policies, the modelled closed economy grows at a constant rate which is the higher, the lower are the...
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