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egalitarian outcomes are achieved while work incentives and thus a high employment rate crucial for the financial viability of the … immigration, which may change the composition of the population in the ability and/or preference dimension. -- work incentives …
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the Scandinavian experience can be reconciled when taking into account both the pecuniary and non-pecuniary incentives … conditionalities make it possible to achieve distributional objectives without jeopardizing the incentive structure. -- tax incentives …
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Within the frame of the Nordic welfare model, pension system design has taken very different routes. While the overall aims in terms of distribution and replacement rates are similar, the division of labour between defined benefit and contribution as well as pay-as-you-go versus funded schemes...
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