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Growth and welfare implications of mortality differentials in unfunded social security systems
Kelly, Mark C. - In: Public finance review : PFR 50 (2022) 2, pp. 206-235
Persistent link: https://www.econbiz.de/10013257622
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Funded social security and economic growth
Kunze, Lars - In: Economics letters 115 (2012) 2, pp. 180-183
Persistent link: https://www.econbiz.de/10009619086
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Social security, economic growth, and social welfare in an overlapping generation model with idiosyncratic TFP shock and heterogeneous workers
Tamai, Toshiki - In: Journal of population economics : international … 36 (2023) 3, pp. 1829-1862
Persistent link: https://www.econbiz.de/10014329861
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Growth and Welfare Implications of Mortality Differentials in Unfunded Social Security Systems
Kelly, Mark - 2021
Several recent studies have examined the steady-state welfare implications of mortality differentials within unfunded … of mortality inequality within the U.S. Social Security system. Utilizing an OLG endogenous growth model of the U ….S. economy, I compare the current pay-as-you-go (PAYG) system to versions of the model without either mortality differentials or …
Persistent link: https://www.econbiz.de/10013217547
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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
In this chapter, we analyse the effects of PAYG and funded pension systems on welfare. The debate on the choice between alternative systems focuses on their effects on savings, capital accumulation, labour supply, economic growth and inequality and the potential benefits of mixed systems in...
Persistent link: https://www.econbiz.de/10012207196
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Alternative social security systems and growth
Kaganovič, Michail I. (contributor);  … - 2008
Demographic trends in most developed economies are characterized by rising longevity and decreasing birthrates. These trends endanger the sustainability of the current public pension systems. Therefore social security reform proposals are on the agenda in many countries. This paper demonstrates...
Persistent link: https://www.econbiz.de/10003748178
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Social security, growth, and welfare in overlapping generations economies with or without annuities
Bruce, Neil; Turnovsky, Stephen J. - In: Journal of public economics 101 (2013), pp. 12-24
Persistent link: https://www.econbiz.de/10009747992
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Environmental policy education and growth : a reappraisal when lifetime is finite
Pautrel, Xavier - In: Macroeconomic dynamics 16 (2012) 5, pp. 661-685
Persistent link: https://www.econbiz.de/10009745451
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Environmental policy, education and growth : a reappraisal when lifetime is finite
Pautrel, Xavier - 2008
This article demonstrates that when finite lifetime is introduced in a Lucas (1988) growth model, the environmental policy may enhance growth both in the short- and the long-run, while pollution does not influence educational activities, labor supply is not elastic and human capital does not...
Persistent link: https://www.econbiz.de/10008773052