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Ageing, government budgets, retirement, and growth
Gonzalez-Eiras, Martín; Niepelt, Dirk - 2011
We analyze the short and long run effects of demographic ageing - increased longevity and reduced fertility - on per … to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …
Persistent link: https://www.econbiz.de/10010274850
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Ageing, Government Budgets, Retirement, and Growth
Gonzalez-Eiras, Martín; Niepelt, Dirk - 2011
We analyze the short and long run effects of demographic ageing - increased longevity and reduced fertility - on per … to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …
Persistent link: https://www.econbiz.de/10011430084
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Ageing, government budgets, retirement, and growth
Gonzalez-Eiras, Martín; Niepelt, Dirk - In: European economic review : EER 56 (2012) 1, pp. 97-115
Persistent link: https://www.econbiz.de/10009489588
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Ageing, government budgets, retirement, and growth
Gonzalez-Eiras, Martín; Niepelt, Dirk - 2011
We analyze the short and long run effects of demographic ageing - increased longevity and reduced fertility - on per … to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …
Persistent link: https://www.econbiz.de/10009300343
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Ageing, government budgets, retirement, and growth
Gonzalez-Eiras, Martin; Niepelt, Dirk - Volkswirtschaftliche Fakultät, … - 2012
We analyze the short and long run effects of demographic ageing—increased longevity and reduced fertility—on per … to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …
Persistent link: https://www.econbiz.de/10011259148
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Ageing, Government Budgets, Retirement, and Growth
Gonzalez-Eiras, Martín; Niepelt, Dirk - CESifo - 2011
We analyze the short and long run effects of demographic ageing—increased longevity and reduced fertility—on per … to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …
Persistent link: https://www.econbiz.de/10008853852
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Ageing, government budgets, retirement, and growth
Gonzalez-Eiras, Martín; Niepelt, Dirk - In: European Economic Review 56 (2012) 1, pp. 97-115
We analyze the short and long-run effects of demographic ageing – increased longevity and reduced fertility – on per … to demographic ageing and per-capita growth to accelerate. If the retirement age was held constant, the growth rate in …
Persistent link: https://www.econbiz.de/10011048573
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The Swiss Debt Brake - Ten Years On
Niepelt, Dirk; Schaltegger, Christoph A. - In: Swiss Journal of Economics and Statistics 149 (2013) 2, pp. 111-113
Persistent link: https://www.econbiz.de/10011933300
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Debt maturity without commitment
Niepelt, Dirk - 2008
I analyze how lack of commitment affects the maturity structure of sovereign debt. Governments balance benefits of …-term debt affects default and rollover decisions by subsequent policy makers. The equilibrium maturity structure is shaped by … revenue losses on inframarginal units of debt that reflect the price impact of these decisions. The model predicts an interior …
Persistent link: https://www.econbiz.de/10010264518
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Debt Maturity without Commitment
Niepelt, Dirk - 2008
I analyze how lack of commitment affects the maturity structure of sovereign debt. Governments balance benefits of …- term debt affects default and rollover decisions by subsequent policy makers. The equilibrium maturity structure is shaped … by revenue losses on inframarginal units of debt that reflect the price impact of these decisions. The model predicts an …
Persistent link: https://www.econbiz.de/10011430074