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Pension Policies and Public Debt in Dynamic CGE Models (Paperback, 1997 ed.)
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Pension Policies and Public Debt in Dynamic CGE Models (Paperback, 1997 ed.)
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Population aging raises a number of issues regarding the optimality
of public debt policy and the systems of public pension provisions
that are in use in developed countries. The studies in this book
address these questions using computable general equilibrium
models. They give illuminating insights and new empirical estimates
of future prospects of pay-as-you-go pension schemes in the "big
seven" OECD countries, the possible distortions introduced by the
pension systems in four large European economies, the effects of
lifetime uncertainty in analyzing a potential reform of the Dutch
pension system, effects of increasing international mobility of
financial capital to pension policies, and public debt reduction
policies in relation to possible adverse effects of taxation on
wage formation and unemployment.
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