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encourage household saving, and if so, through which policies? In order to better understand saving programs, this volume …, France, Germany, Italy, Japan, and the United Kingdom. Each of the seven chapters focuses on one country and addresses a core … set of topics: types of accumulated household savings and debt; tax policies toward capital income; saving in the form of …
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We propose a unified framework to measure the effects of different reforms of the pension system on retirement ages and macroeconomic indicators in the face of demographic change. A rich overlapping generations (OLG) model is built and endogenous retirement decisions are explicitly modeled...
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