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Lifetime Uncertainty and the Optimal Replacement Rate of urban Public Pension in China
Yang, Zaigui - Volkswirtschaftliche Fakultät, … - 2008
By considering lifetime uncertainty, this paper employs an OLG model within general equilibrium framework to analyze China’s urban public pension system. Using the condition for the steady-state of market economy to satisfy the social welfare maximization, we solve the optimal social pool...
Persistent link: https://www.econbiz.de/10008540990
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Acturial Adjustment Aspects of Public Pension Schemes
Galuscak, Kamil - EconWPA - 2001
It has been shown in economic research that public pay-as-you-go defined-benefit pension plans penalize those who continue to work beyond a certain age by reducing the present discounted value of future retirement benefits. In discussions on the effectiveness of policies aimed at eliminating...
Persistent link: https://www.econbiz.de/10005408311
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Samuelson's contributions to population theory and overlapping generations in economics
Lee, Ronald Demos - 2019
Paul Samuelson made a series of important contributions to population theory for humans and other species, evolutionary theory, and the theory of age structured life cycles in economic equilibrium and growth. The work is highly abstract but much of it was intended to illuminate issues of...
Persistent link: https://www.econbiz.de/10012027303
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The sustainability of the pay-as-you-go system with falling birth rates
Praag, Bernard M. S. van; Cardoso, Pedro - 2002
altruism. A fall in the population growth rate, even to negative values, will imply a reduction of the interest rate and an …
Persistent link: https://www.econbiz.de/10011326408
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Calamities, common interests, shared identity : what shapes altruism and reciprocity?
Aksoy, Cevat Giray; Cabrales, Antonio; Dolls, Mathias; … - 2021
), common economic interests, and a shared identity influences altruism, reciprocity and trust of EU citizens. We find that … priming the COVID-19 pandemic increases altruism and reciprocity towards compatriots, citizens of other EU countries, and non …-EU citizens. Priming common European values also boosts altruism and reciprocity but only towards compatriots and fellow Europeans …
Persistent link: https://www.econbiz.de/10012595338
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Calamities, common interests, shared identity: what shapes altruism and reciprocity?
Aksoy, Cevat Giray; Cabrales, Antonio; Dolls, Mathias; … - 2021
), common economic interests, and a shared identity influences altruism, reciprocity and trust of EU citizens. We find that … priming the COVID-19 pandemic increases altruism and reciprocity towards compatriots, citizens of other EU countries, and non …-EU citizens. Priming common European values also boosts altruism and reciprocity but only towards compatriots and fellow Europeans …
Persistent link: https://www.econbiz.de/10012519259
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Calamities, common interests, shared identity : what shapes altruism and reciprocity?
Aksoy, Cevat Giray; Cabrales, Antonio; Dolls, Mathias; … - 2021
), common economic interests, and a shared identity influences altruism, reciprocity and trust of EU citizens. We find that … priming the COVID-19 pandemic increases altruism and reciprocity towards compatriots, citizens of other EU countries, and non …-EU citizens. Priming common European values also boosts altruism and reciprocity but only towards compatriots and fellow Europeans …
Persistent link: https://www.econbiz.de/10012533981
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Chapter 24 Selfishness, altruism and normative principles in the economic analysis of social transfers
Blanchet, Didier; Fleurbaey, Marc - In: Handbook of the economics of giving, altruism and …, (pp. 1465-1503). 2006
an extreme form of altruism. Actual motivations for support of social transfers certainly lay somewhere in between, i ….e., a mix of well-understood selfishness and partial altruism. This explains why these systems can redistribute more than …
Persistent link: https://www.econbiz.de/10014023654
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Access to pensions, old-age support, and child investment in the People's Republic of China
Shan, Xiaoyue; Park, Albert - 2023
This paper studies how access to public pensions affects old-age support and child investment in traditional societies. Guided by predictions from an overlapping generations model, we analyze the influences of a new pension program in rural People's Republic of China, using a...
Persistent link: https://www.econbiz.de/10014280029
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Altruism and the Poverty Risk in Old-Age
Medeiros, João - Institut de Recherche Économique et Sociale (IRES), … - 2000
Blanchard’s (1985) model is modified to build an OLG model with an increasing probability of death, endogenous growth and a bequest motive. The motivation is to obtain a more rich, realistic and flexible framework to reproduce -using numerical methods- some stylised facts of the age-profiles...
Persistent link: https://www.econbiz.de/10004985056