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current employment for the young which serves to redistributebargaining power, and hence income, from the young to the old …
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In recent years, many countries have experienced a significant shift in demographic patterns towards the elderly. This phenomenon poses numerous challenges for the design of public pension programs and labor market policies. To better understand how public policy should be designed in response...
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employment for the young. This redistributes bargaining strengthand income from the young to the old.[...] …
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