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Determinants of private savings in Fiji : an empirical analysis using autoregressive distributed lag approach for the period 1970-2015
Bano, Shabnam Sazma - In: International journal of business and globalisation : IJBG 25 (2020) 4, pp. 448-473
Persistent link: https://www.econbiz.de/10012270904
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Fiscal challenges and inclusive growth in ageing societies
Rouzet, Dorothée; Caldera Sánchez, Aida; Renault, … - 2019
pensions, incentivising private savings, enhancing the efficiency of health care provision, expanding the coverage of social … pensions, health and long-term care under high pressure. The paper provides recommendations on policy responses to address …
Persistent link: https://www.econbiz.de/10012136129
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Sharing High Growth Across Generations: Pensions and Demographic Transition in China
Song, Zheng Michael; Storesletten, Kjetil; Zilibotti, … - Institut für Volkswirtschaftslehre, … - 2012
Intergenerational inequality and old-age poverty are salient issues in contemporary China. China’s aging population threatens the fiscal sustainability of its pension system, a key vehicle for intergenerational redistribution. We analyze the positive and normative effects of alternative...
Persistent link: https://www.econbiz.de/10011240403
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Sharing High Growth Across Generations: Pensions and Demographic Transition in China
Song, Zheng Michael; Storesletten, Kjetil; Wang, Yikai; … - C.E.P.R. Discussion Papers - 2012
Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population threatens the fiscal sustainability of its pension system, a key vehicle for intergenerational redistribution. We analyze the positive and normative effects of alternative pension...
Persistent link: https://www.econbiz.de/10011083803
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Pensions, economic growth and welfare in advanced economies
Devesa, Enrique; Doménech, Rafael - In: Economic challenges of pension systems : a …, (pp. 81-103). 2020
alternative systems focuses on their effects on savings, capital accumulation, labour supply, economic growth and inequality and … the potential benefits of mixed systems in which a PAYG system with notional accounts is complemented by a funded pensions … on the savings rate, capital accumulation, productivity and the labour supply. These effects must be taken into account …
Persistent link: https://www.econbiz.de/10012207196
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Social Security, Growth, and Welfare in Overlapping Generations Economies With or Without Annuities
Bruce, Neil - 2012
We examine the impact of a stylized pay-as-you-go (PAYGO) Social Security program in an economy of overlapping generations with equilibrium growth. We adopt realistic mortality and other demographic assumptions and allow for the presence or absence of full life annuities. In all cases we find...
Persistent link: https://www.econbiz.de/10013105230
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Serving the Old : Ageing and Economic Growth
Meijdam, A. C. - 2010
This paper focuses on the effect that population ageing has on the production structure of the economy and consequently on economic growth. We consider an economy that consists of a service sector and a commodity sector. Productivity growth only occurs in the latter sector and is assumed to...
Persistent link: https://www.econbiz.de/10012760875
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Growth and the Ageing Joneses
Fisher, Walter H.; Heijdra, Ben J. - 2021
We incorporate Keeping-up-with-the-Joneses (KUJ) preferences into the Blanchard-Yaari (BY) framework and develop, using an AK technology, a model of balanced growth. In this context we investigate status preference, demographic, and pension policy shocks. We find that a higher degree of KUJ...
Persistent link: https://www.econbiz.de/10013316442
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Social Security Policy with Public Debt in an Aging Economy
Ono, Tetsuo - Center for Intergenerational Studies, Institute of … - 2002
This paper analyzes a social security policy with public debt in an overlapping generations growth model. In particular, the paper considers a situation in which population aging causes a heavy burden of social security payments where public debt is issued by the government to finance the...
Persistent link: https://www.econbiz.de/10005018473
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Tax-favored retirement accounts : are they efficient in increasing savings and growth?
Fehr, Hans; Habermann, Christian; Kindermann, Fabian - 2006
payments might be preferred to a system with pure tax deductions. -- savings incentives ; stochastic general equilibrium model …
Persistent link: https://www.econbiz.de/10009744912