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pension liabilities during the reform's transition period, a pension privatization reform may transform IPD into explicit …
Persistent link: https://www.econbiz.de/10005604913
-sector model, leading to a different conclusion about the desirability of unfunded pensions. …
Persistent link: https://www.econbiz.de/10011090643
This paper analyses the effects of reducing unfunded social security and population ageing on economic growth and welfare, both for a small open economy and for a closed economy.The economy consists of a service sector and a commodity sector.Productivity growth only occurs in the latter sector...
Persistent link: https://www.econbiz.de/10011090756
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Although neo‐classical economics has undoubtedly driven the global pension privatization reform agenda, it does not … have adopted three reform approaches to public pension privatization. All are consistent with values of community …
Persistent link: https://www.econbiz.de/10014805130
Purpose – According to one influential set of arguments, the privatization of public pensions has been informed by … cohesion. The paper aims to take issue with this negative characterization of pensions privatization. Design … contrast to the central argument of much of the literature, the privatization of public pensions has not universally or …
Persistent link: https://www.econbiz.de/10014805434
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