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In this paper, we analyse the effects of demographic change on a PAYG pension system, financed with a defined contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three-period overlapping generations model. We focus on both the case of...
Persistent link: https://www.econbiz.de/10012005945
We study an OLG model with child policies and a PAYG pension with endogenous retirement and fertility. The result of the planned economy is compared to the decentralized competitive equilibrium deriving optimal policies. We show that in the presence of a PAYG pension system, the optimal policy...
Persistent link: https://www.econbiz.de/10014296773
Persistent link: https://www.econbiz.de/10013269939
This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement choices necessarily coincide with socially optimal...
Persistent link: https://www.econbiz.de/10012405524
Persistent link: https://www.econbiz.de/10012505464
In this paper, we analyse the effects of demographic change on a PAYG pension system, financed with a defined contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three-period overlapping generations model. We focus on both the case of...
Persistent link: https://www.econbiz.de/10011994093
Persistent link: https://www.econbiz.de/10014249050
Persistent link: https://www.econbiz.de/10014485333
We present a model of endogenous aging with public expenditure on health and pensions financed by an income tax. We show that government policies on health and pensions might lift an economy from a low to a high income steady state. In particular, the impact of an increase in the income tax is...
Persistent link: https://www.econbiz.de/10012156105
Cover -- Occhiello -- Indice -- CAPITOLO 1 CONSUMO -- CAPITOLO 2 DOMANDA DI MERCATO, EQUILIBRIO, INFORMAZIONE ASIMMETRICA -- CAPITOLO 3 TECNOLOGIA, COSTI E OFFERTA DELL'INDUSTRIA -- CAPITOLO 4 MONOPOLIO, OLIGOPOLIO, TEORIA DEI GIOCHI -- CAPITOLO 5 SCAMBIO E PRODUZIONE
Persistent link: https://www.econbiz.de/10012680466