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This paper analyzes the impact of demographic aging on capital accumulation and welfare in economies with unfunded … longevity, an unregulated retirement age system leads to a greater improvement in welfare. In contrast, with decreasing …
Persistent link: https://www.econbiz.de/10011499785
This paper analyzes the impact of aging on capital accumulation and welfare in a country with a sizable unfunded social … societies: aging leads to a greater increase in welfare when it is driven by an increasing longevity and the retirement age is … savings and, thus, income and welfare, in a closed economy with unfunded pension system based on defined contributions. …
Persistent link: https://www.econbiz.de/10011392492
Persistent link: https://www.econbiz.de/10010385131
This paper analyzes the impact of aging on capital accumulation and welfare in a country with a sizable unfunded social …
Persistent link: https://www.econbiz.de/10012970979
This paper analyzes the impact of aging on capital accumulation and welfare in a country with a sizable unfunded social … societies: aging leads to a greater increase in welfare when it is driven by an increasing longevity and the retirement age is … savings and, thus, income and welfare, in a closed economy with unfunded pension system based on defined contributions …
Persistent link: https://www.econbiz.de/10013009863
This paper analyzes the impact of aging on capital accumulation and welfare in a country with a sizable unfunded social …
Persistent link: https://www.econbiz.de/10012245714
This paper analyzes the impact of demographic aging on capital accumulation and welfare in economies with unfunded … longevity, an unregulated retirement age system leads to a greater improvement in welfare. In contrast, with decreasing …
Persistent link: https://www.econbiz.de/10012986115
This paper considers a three-overlapping-generations model of endogenous growth wherein human capital is the engine of growth. It first contrasts the laissez-faire and the optimal solutions. Three possible accumulation regimes are distinguished. Then it discusses a standard set of tax-transfer...
Persistent link: https://www.econbiz.de/10003310953
Persistent link: https://www.econbiz.de/10003480258
Persistent link: https://www.econbiz.de/10011372805