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Studying the poverty and income distribution effects of macroeconomic policies or shocks requires a methodology that accounts on the one hand for the nature of the policy or shock being studied and their aggregate impact on the economy and, on the other hand, the heterogeneity of their overall...
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micro frameworks. The integration of microsimulation techniques within a computable general equilibrium (CGE) model … fail to adequately capture distributive impacts. On the other hand, microsimulation techniques focus on the household- and …
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from Turkey and India, developing countries rank low due to low spending on the old (pensions, health care) and the young …
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Higher fertility slowly increases the workers-to-retirees ratio over the long run, which can ease the pension financing challenge brought about by population aging. It may or may not increase production per capita. Existing simulation studies all find a positive impact on public finances over...
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Economists have long argued that introducing social insurance will reduce fertility. The hypothesis relies on standard models: if children are desirable in part because they provide security in case of disability or old age, then State programs that provide insurance against these events should...
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