Showing 41 - 50 of 709,161
This paper analyzes the impact of demographic aging on capital accumulation and welfare in economies with unfunded pensions. Using a two-period overlapping generation model with potentially endogenous retirement decisions, it shows that both the type of aging, i.e. declining fertility or...
Persistent link: https://www.econbiz.de/10012986115
Persistent link: https://www.econbiz.de/10008660905
This paper analyzes the impact of aging on capital accumulation and welfare in a country with a sizable unfunded social security system. Using a two-period overlapping generation model with endogenous retirement decisions, the paper shows that the type of aging and the type of unfunded social...
Persistent link: https://www.econbiz.de/10012245714
Persistent link: https://www.econbiz.de/10011575080
Persistent link: https://www.econbiz.de/10012523202
This book studies the sustainability and optimality of public debt under different scenarios: the closed economy, the … small open economy, and a two-country setting. Sustainability refers to the existence and the stability of the long …
Persistent link: https://www.econbiz.de/10014016345
Persistent link: https://www.econbiz.de/10013440651
Persistent link: https://www.econbiz.de/10014423827
Persistent link: https://www.econbiz.de/10014322444
Persistent link: https://www.econbiz.de/10009685762