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saving rates and real interest rates: changes in fertility rates, changes in survival rates, and changes in technology. The … savings puzzle is over …
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Pensions may be provided for in a modern society by several methods, viz., voluntary individual savings, mandatory … individual savings, that the fully funded occupational system is decided upon by the age cohort of the median worker and that … decisions is a Pareto-equilibrium. Nowadays most of capital supply stems from individual and institutionalised pension savings …
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Post Keynesian stagnation theory argues that slower population growth dampens consumption and investment. A New …
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This chapter examines the scope for mutually beneficial intergenerational cooperation, and looks at various attempts to theoretically explain the emergence of norms and institutions that facilitate this cooperation. The contributions reviewed come from branches of economics as far apart as...
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