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This paper investigates the impact of demographic shocks and budgetary policy on the welfare of all generations. For this purpose, we build a large scale OLG model that captures most crucial variables for the analysis of population shocks consequences in France. We introduce life uncertainty...
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This paper presents various effects of three simulated reforms of the European pay-as-you-go system. These are investigated with INGENUE : a multi-region, general equilibrium, overlapping-generation model of the world economy. Reforms are presented around a baseline scenario where constant...
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