Showing 1 - 10 of 39,662
Persistent link: https://www.econbiz.de/10012705566
I study the impacts of financing rules for financial surpluses in pay-as-you-go pension systems on the business cycle and the life cycle in a dynamic stochastic large-scale overlapping generations model, where households take the inter-temporal links between contributions and pension benefits...
Persistent link: https://www.econbiz.de/10012253150
Persistent link: https://www.econbiz.de/10011944973
Persistent link: https://www.econbiz.de/10002777480
Persistent link: https://www.econbiz.de/10001696527
A well‐established result in the literature is that Social Security reduces steady state welfare in a standard life cycle model. However, less is known about the historical quantitative effects of the program on agents who were alive when the program was adopted. In a computational life cycle...
Persistent link: https://www.econbiz.de/10012202816
Persistent link: https://www.econbiz.de/10012134578
Persistent link: https://www.econbiz.de/10012219263
Persistent link: https://www.econbiz.de/10002017377
economic downturns on local fertility is still under-investigated in advanced economies. Recent studies in low-fertility … (hereafter, known as the 'suburban fertility hypothesis') was grounded on stylized facts and spatial regularities that imply a … significant role of both macro (contextual) and micro (behavioral) factors positively influencing fertility in suburban locations …
Persistent link: https://www.econbiz.de/10013499010