Phitawat Poonpolkul; Ponpoje Porapakkarm; Nasi Wada - In: International studies of economics 19 (2024) 1, pp. 35-67
We use an overlapping generations model to study the challenge in developing countries with a large informal sector and aging population. We use Thailand as a case study and incorporate its labor market structure and its public pension system into the calibrated model. Unlike developed...