public education and imperfect annuity markets, a decline in mortality affects growth through three channels. First, it … bequests, lowers investment, and thereby lowers the rate of physical capital accumulation. Third, it may lead the median voter …

Unlike the prediction of a frictionless open economy model, long-term average savings and investment rates are highly … that the calibrated model with both frictions produces a savings–investment correlation and a volume of capital flows close …

This paper considers savings, investment and economic growth for India using annual time series data for the period …-Weil hypothesis; the study also finds that saving unambiguously determines investment in both the short and long runs. No evidence is … found to support the commonly accepted growth models in India, that investment is the engine of economic growth. …

taxation on labor supply and savings; corrective taxes for externalities; taxation and corporate behavior; and tax expenditure …

annuity must suffer lower benefits for a longer time than a man. In short, if one looks either at the periodic outlay by the … insured or at the income available to the beneficiary under an annuity, gender-based pricing appears to be quite at odds with … annuity is that people care more about income than about lump sum values. Thus, even though the present value of a man's death …

Ideologies about social policy. The national Health Insurance in 1995 and the Plan for the Pension are the clear examples for the …

) that may be utilized as part of individual pension plans. The developments in Great Britain and in Germany are compared …, economic regime and retirement pension7 State-aided promotion in Germany8 State-aided promotion in Great Britain9 Findings and …

This paper examines the possible causes of the nationwide unfunded public pension liability problem in the U.S., and …’ pension systems, a specific analysis of the Rhode Island public pension system will be conducted. Through this investigation …

(TSP) is the largest defined contribution retirement savings and investment plan, with nearly 3.6 million participants and … in achieving their retirement savings and investment objectives. Furthermore, we propose two new portfolio performance … distribution and uses additional information that may be present in higher moments.The federal government's Thrift Savings Plan …