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government budget, as social insurance in Spain is not actuarially fair. Finally, we also assess the impact of a decline in …
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government budget, as social insurance in Spain is not actuarially fair. Finally, we also assess the impact of a decline in …
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these effects in the generational accounting framework. An empirical application for Spain illustrates that our proposed … decomposition of indicators is empirically relevant. Standard generational accounting suggests that fiscal sustainability in Spain …
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government budget, as social insurance in Spain is not actuarially fair. Finally, we also assess the impact of a decline in …
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