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transition. Russia also has much the largest incidence of wage arrears. Given data on wages and the incidence of wage arrears we …
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threshold of pension eligibility if individuals did not retire We estimate that a 20 6 percent drop in consumption is associated …
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We analyze equilibrium paths in two models of overlapping generations with reciprocal altruism. The first one allows us to consider a case of different propensity to of consumer to support her children and parents (non-symmetrical altruism). In this model, an equilibrium is a Nash equilibrium....
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