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The paper investigates the impacts of demographic change on the financial sustainability of a pay-as-you-go social security system in an economy with unemployment caused by trade unions. Using a simple two-period overlapping generations approach, it can be shown that the trade union behavior...
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literature search illustrate the large extend of burden of prematurity on parents. This results in substantial out …-of-pocket expenditures (OOPE) and emotional distress to the parents besides the medical problems and further financial costs to the health … is some evidence for a high magnitude of reduced income and missed work days. The family perspective has to be taken into …
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contribution rate lead to a lower variability of lifetime utility than does the second best policy. The recent baby …
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