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Explores issues in financing retirement, from fundamental changes in types of pension plans offered to pension funds …"Explores issues in financing retirement, from fundamental changes in types of pension plans offered to pension funds …
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Aging populations in developing countries have spurred the introduction of public pension programs to preserve the standard of living for the elderly. The often-overlooked mechanism of intergenerational transfers, however, can dampen these intended policy effects, as adult children who make...
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